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DEPOSITS - Summary of Interest Expense on Deposits (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Summary of interest expense on deposits [Abstract]
Savings and interest-bearing checking	$ 25,870	$ 28,047	$ 24,601
Reciprocal	29,386	34,574	23,429
Time	22,741	24,135	13,766
Brokered time	5,501	5,938	13,279
Total	$ 83,498	$ 92,694	$ 75,075

ACCOUNTING POLICIES - Common Stock (Details) shares in Thousands	Dec. 31, 2025 shares
Dividend Reinvestment Plan
Reserved for Future Issuance [Abstract]
Common stock reserved for issuance (in shares)	100
Long-Term Incentive Plans
Reserved for Future Issuance [Abstract]
Common stock reserved for issuance (in shares)	400
Director Stock Purchase Plan
Reserved for Future Issuance [Abstract]
Common stock reserved for issuance (in shares)	50

SHAREHOLDERS’ EQUITY AND NET INCOME PER COMMON SHARE - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Class of Stock [Line Items]
Stock repurchased during period (in shares)	407,113		298,601
Stock repurchased during period, value	$ 12,433		$ 5,157
Share-Based Payment Arrangement, Option
Class of Stock [Line Items]
Antidilutive shares excluded from computation of diluted income per share (in shares)	0	0	0
Common Stock
Class of Stock [Line Items]
Percentage of outstanding common stock authorized to be repurchased	5.00%	5.00%	5.00%
Stock repurchased during period (in shares)	407,113	0	298,601
Stock repurchased during period, value	$ 12,433		$ 5,157

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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+ Details

- Definition

Number of shares that have been repurchased during the period and have not been retired and are not held in treasury. Some state laws may govern the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock.

+ References + Details

- Definition

Equity impact of the value of stock that has been repurchased during the period and has not been retired and is not held in treasury. Some state laws may mandate the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock.

+ References + Details

OTHER BORROWINGS (Tables)

12 Months Ended

Dec. 31, 2025

Debt Disclosure [Abstract]

Summary of Other Borrowings

A summary of other borrowings at December 31 follows:


	2025		2024
	(In thousands)
Advances from the FHLB	$	77,000	$	45,000

Other	3		9
Total	$	77,003	$	45,009

Schedule of FHLB Advances

The maturity dates, weighted average interest rates and contractually required repayments of FHLB advances at December 31 follow:


	2025				2024
	Amount		Rate		Amount		Rate
	(Dollars in thousands)
Fixed Rate Advances
2030	$	2,000	—	%	$	—
Total fixed rate advances	2,000		—		—

Variable Rate Advances
2025	—		—		45,000		4.48	%
2026	75,000		3.79		—		—
Total variable rate advances	75,000		3.79		45,000

Total FHLB advances	$	77,000	3.69	%	$	45,000	4.48	%

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details

DEPOSITS - Summary of Reciprocal Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Summary of reciprocal deposits [Abstract]
Demand	$ 862,697	$ 797,181
Money market	0	43
Time	112,224	109,807
Total	$ 974,921	$ 907,031

PROPERTY AND EQUIPMENT - Summary of Property and Equipment (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Property, Plant and Equipment, Net [Abstract]
Property and equipment, gross	$ 167,502	$ 161,420
Accumulated depreciation and amortization	(128,530)	(123,928)
Property and equipment, net	38,972	37,492
Land and land improvements
Property, Plant and Equipment, Net [Abstract]
Property and equipment, gross	17,390	16,329
Buildings
Property, Plant and Equipment, Net [Abstract]
Property and equipment, gross	66,369	64,103
Equipment
Property, Plant and Equipment, Net [Abstract]
Property and equipment, gross	$ 83,743	$ 80,988

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Statement of Cash Flows [Abstract]
Net income	$ 68,541	$ 66,790	$ 59,067
ADJUSTMENTS TO RECONCILE NET INCOME TO NET CASH FROM OPERATING ACTIVITIES
Proceeds from sales of equity securities at fair value	0	2,685	0
Proceeds from sales of loans held for sale	350,335	380,739	356,207
Disbursements for loans held for sale	(345,144)	(370,575)	(334,174)
Provision for credit losses	6,135	4,468	6,210
Deferred income tax (benefit) expense	(3,531)	(1,248)	215
Net deferred loan fees	1,643	961	1,244
Net depreciation, amortization of intangible assets and premiums and accretion of discounts on securities and loans	9,906	10,005	10,019
Net gains on mortgage loans	(6,780)	(6,579)	(7,436)
Net gains on equity securities at fair value	0	(2,685)	0
Net losses on sales of securities available for sale	370	428	222
Net loss on sale of capitalized mortgage loan servicing rights	233	0	0
Share based compensation	2,716	2,332	2,229
Increase in accrued income and other assets	(25,648)	(25,187)	(14,617)
Increase (decrease) in accrued expenses and other liabilities	17,886	1,017	(3,597)
Total Adjustments	8,121	(3,639)	16,522
Net Cash From Operating Activities	76,662	63,151	75,589
CASH FLOW USED IN INVESTING ACTIVITIES
Proceeds from the sale of securities available for sale	32,193	39,517	278
Proceeds from the sale of securities held to maturity previously charged off	0	1,125	0
Proceeds from maturities, prepayments and calls of securities available for sale	69,591	81,092	122,806
Proceeds from maturities, prepayments and calls of securities held to maturity	34,370	18,811	22,317
Purchases of securities available for sale	(24,463)	0	0
Purchases of securities held to maturity	(2,000)	(3,628)	(1,740)
Proceeds from the redemption of Federal Home Loan Bank stock	1,209	722	1,310
Purchase of Federal Home Loan Bank stock	(3,212)	0	(478)
Net increase in portfolio loans (loans originated, net of principal payments)	(261,131)	(271,800)	(361,609)
Proceeds from the sale of portfolio loans	22,594	20,780	56,561
Proceeds from the sale of other real estate and repossessed assets	864	892	650
Proceeds from bank-owned life insurance death benefits	1,292	1,320	1,336
Proceeds from the sale of property and equipment	0	960	1,648
Capital expenditures	(6,494)	(7,950)	(6,024)
Proceeds from the sale of capitalized mortgage loan servicing rights	12,690	0	0
Net Cash Used In Investing Activities	(122,497)	(118,159)	(162,945)
CASH FLOW FROM FINANCING ACTIVITIES
Net increase in total deposits	107,594	31,209	243,810
Net decrease in other borrowings	(6)	(17)	(60,980)
Proceeds from Federal Home Loan Bank advances	307,000	130,000	135,000
Payments of Federal Home Loan Bank advances	(275,000)	(135,000)	(110,000)
Repayment of subordinated debt	(40,000)	0	0
Dividends paid	(21,600)	(20,045)	(19,327)
Proceeds from issuance of common stock	0	13	70
Repurchase of common stock	(12,433)	0	(5,157)
Share based compensation withholding obligation	(1,215)	(1,051)	(650)
Net Cash From Financing Activities	64,340	5,109	182,766
Net Increase (Decrease) in Cash and Cash Equivalents	18,505	(49,899)	95,410
Cash and Cash Equivalents at Beginning of Year	119,882	169,781	74,371
Cash and Cash Equivalents at End of Year	138,387	119,882	169,781
Cash paid during the year for
Interest	90,939	103,953	79,101
Federal income taxes	11,650	13,900	16,100
Transfers to other real estate and repossessed assets	776	1,091	783
Right of use assets obtained in exchange for lease obligations	$ 3,139	$ 2,354	$ 865

CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Statement of Stockholders' Equity [Abstract]
Cash dividends declared (in dollars per share)	$ 1.04	$ 0.96	$ 0.92
Stock repurchased during period (in shares)	407,113		298,601
Issuance of common stock (in shares)		6,141	28,583
Share based compensation (in shares)	93,336	95,966	77,211
Share-based compensation withholding obligation (in shares)	35,837	42,026	35,531

- Definition

+ References + Details

SECURITIES - Gains and Losses Realized on Sale of Securities Available for Sale (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Proceeds from the sale of securities available for sale	$ 32,193	$ 39,517	$ 278
Gains realized on sale of securities available-for-sale	44	14	0
Losses realized on sale of securities available-for-sale	$ 414	$ 442	$ 222

SUBORDINATED DEBT AND DEBENTURES - Subordinated Debentures (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024	Mar. 31, 2018
Summary Of Information Regarding Subordinated Debentures [Abstract]
Subordinated debentures	$ 39,864	$ 39,796
Subordinated Debentures
Summary Of Information Regarding Subordinated Debentures [Abstract]
Subordinated debentures	39,864	39,796
Subordinated Debentures \| IBC Capital Finance III
Summary Of Information Regarding Subordinated Debentures [Abstract]
Subordinated debentures	12,372	12,372
Subordinated Debentures \| IBC Capital Finance IV
Summary Of Information Regarding Subordinated Debentures [Abstract]
Subordinated debentures	15,465	15,465
Subordinated Debentures \| Midwest Guaranty Trust I
Summary Of Information Regarding Subordinated Debentures [Abstract]
Subordinated debentures	7,732	7,732
Subordinated Debentures \| TCSB Statutory Trust I
Summary Of Information Regarding Subordinated Debentures [Abstract]
Subordinated debentures	5,155	5,155
Discount on TCSB Statutory Trust I	(860)	(928)	$ (1,400)
Trust preferred
Summary Of Information Regarding Subordinated Debentures [Abstract]
Trust Preferred Securities Issued	38,640	38,572
Trust preferred \| IBC Capital Finance III
Summary Of Information Regarding Subordinated Debentures [Abstract]
Trust Preferred Securities Issued	12,000	12,000
Trust preferred \| IBC Capital Finance IV
Summary Of Information Regarding Subordinated Debentures [Abstract]
Trust Preferred Securities Issued	15,000	15,000
Trust preferred \| Midwest Guaranty Trust I
Summary Of Information Regarding Subordinated Debentures [Abstract]
Trust Preferred Securities Issued	7,500	7,500
Trust preferred \| TCSB Statutory Trust I
Summary Of Information Regarding Subordinated Debentures [Abstract]
Trust Preferred Securities Issued	5,000	5,000
Discount on TCSB Statutory Trust I	(860)	(928)
Common Stock Issued
Summary Of Information Regarding Subordinated Debentures [Abstract]
Common Stock Issued	1,224	1,224
Common Stock Issued \| IBC Capital Finance III
Summary Of Information Regarding Subordinated Debentures [Abstract]
Common Stock Issued	372	372
Common Stock Issued \| IBC Capital Finance IV
Summary Of Information Regarding Subordinated Debentures [Abstract]
Common Stock Issued	465	465
Common Stock Issued \| Midwest Guaranty Trust I
Summary Of Information Regarding Subordinated Debentures [Abstract]
Common Stock Issued	232	232
Common Stock Issued \| TCSB Statutory Trust I
Summary Of Information Regarding Subordinated Debentures [Abstract]
Common Stock Issued	155	155
Discount on TCSB Statutory Trust I	$ 0	$ 0

QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)

12 Months Ended

Dec. 31, 2025

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Information

A summary of selected quarterly results of operations for the years ended December 31 follows:


	Three Months Ended
	March 31,		June 30,		September 30,		December 31,
	(In thousands, except per share amounts)
2025
Interest income	$	66,144	$	66,878	$	69,290	$	67,425
Net interest income	43,685		44,615		45,361		46,354
Provision for credit losses	721		1,500		1,991		1,923
Income before income tax	19,126		20,678		21,176		20,311
Net income	15,590		16,877		17,502		18,572

Net income per common share
Basic	0.74		0.81		0.85		0.90
Diluted	0.74		0.81		0.84		0.89

2024
Interest income	$	65,126	$	66,338	$	68,334	$	66,978
Net interest income	40,197		41,346		41,854		42,851
Provision for credit losses	744		19		1,488		2,217
Income before income tax	19,821		23,166		17,291		22,768
Net income	15,991		18,528		13,810		18,461

Net income per common share
Basic	0.77		0.89		0.66		0.88
Diluted	0.76		0.88		0.65		0.87


	Reported Sales Prices of Common Shares												Cash Dividends Declared
	2025						2024
	High		Low		Close		High		Low		Close		2025		2024
First quarter	$	37.13	$	29.75	$	30.79	$	27.34	$	22.80	$	25.35	$	0.26	$	0.24
Second quarter	33.07		26.75		32.41		27.88		22.53		27.00		0.26		0.24
Third quarter	34.72		29.63		30.98		35.97		25.46		33.35		0.26		0.24
Fourth quarter	35.67		29.83		32.53		40.32		30.95		34.83		0.26		0.24

ACCOUNTING POLICIES - Property and Equipment (Details) - Maximum	Dec. 31, 2025
Buildings
Property, Plant and Equipment, Useful Life [Abstract]
Estimated useful lives	39 years
Equipment
Property, Plant and Equipment, Useful Life [Abstract]
Estimated useful lives	7 years

LOANS - Receivables Past Due (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Financing Receivable, Past Due [Line Items]
Accrued interest excluded from total	$ 13,952	$ 13,461
90+ and Still Accruing
Financing Receivable, Past Due [Line Items]
Accrued interest excluded from total	0	0
Commercial and industrial
Financing Receivable, Past Due [Line Items]
Government guaranteed loans excluded from non-performing loans		5
Commercial real estate
Financing Receivable, Past Due [Line Items]
Government guaranteed loans excluded from non-performing loans	7,018
1-4 family owner occupied - non-jumbo
Financing Receivable, Past Due [Line Items]
Government guaranteed loans excluded from non-performing loans	2,929	1,785
Commercial
Financing Receivable, Past Due [Line Items]
Accrued interest excluded from total	6,901	6,496
Commercial \| Commercial and industrial
Financing Receivable, Past Due [Line Items]
Accrued interest excluded from total	3,551	3,310
Commercial \| Commercial real estate
Financing Receivable, Past Due [Line Items]
Accrued interest excluded from total	3,350	3,186
Mortgage
Financing Receivable, Past Due [Line Items]
Accrued interest excluded from total	5,503	5,357
Mortgage \| 1-4 family owner occupied - jumbo
Financing Receivable, Past Due [Line Items]
Accrued interest excluded from total	2,675	2,520
Mortgage \| 1-4 family owner occupied - non-jumbo
Financing Receivable, Past Due [Line Items]
Accrued interest excluded from total	1,153	1,160
Mortgage \| 1-4 family non-owner occupied
Financing Receivable, Past Due [Line Items]
Accrued interest excluded from total	654	680
Mortgage \| 1-4 family - 2nd lien
Financing Receivable, Past Due [Line Items]
Accrued interest excluded from total	899	846
Mortgage \| Resort lending
Financing Receivable, Past Due [Line Items]
Accrued interest excluded from total	122	151
Installment
Financing Receivable, Past Due [Line Items]
Accrued interest excluded from total	1,548	1,608
Installment \| Boat lending
Financing Receivable, Past Due [Line Items]
Accrued interest excluded from total	778	736
Installment \| Recreational vehicle lending
Financing Receivable, Past Due [Line Items]
Accrued interest excluded from total	496	576
Installment \| Other
Financing Receivable, Past Due [Line Items]
Accrued interest excluded from total	274	296
Non-performing TDR's
Financing Receivable, Past Due [Line Items]
Non-Accrual with no Allowance for Credit Loss	13,306	3,655
Non-Accrual with an Allowance for Credit Loss	9,821	2,347
Total Non- Accrual	23,127	6,002
90+ and Still Accruing	0	0
Total Non- Performing Loans	23,127	6,002
Accrued interest excluded from total	0	0
Non-performing TDR's \| 90+ and Still Accruing
Financing Receivable, Past Due [Line Items]
Accrued interest excluded from total	0	0
Non-performing TDR's \| Commercial \| Commercial and industrial
Financing Receivable, Past Due [Line Items]
Non-Accrual with no Allowance for Credit Loss	0	0
Non-Accrual with an Allowance for Credit Loss	0	49
Total Non- Accrual	0	49
90+ and Still Accruing	0	0
Total Non- Performing Loans	0	49
Non-performing TDR's \| Commercial \| Commercial real estate
Financing Receivable, Past Due [Line Items]
Non-Accrual with no Allowance for Credit Loss	9,261	0
Non-Accrual with an Allowance for Credit Loss	7,252	0
Total Non- Accrual	16,513	0
90+ and Still Accruing	0	0
Total Non- Performing Loans	16,513	0
Non-performing TDR's \| Mortgage \| 1-4 family owner occupied - jumbo
Financing Receivable, Past Due [Line Items]
Non-Accrual with no Allowance for Credit Loss	2,145	1,480
Non-Accrual with an Allowance for Credit Loss	0	0
Total Non- Accrual	2,145	1,480
90+ and Still Accruing	0	0
Total Non- Performing Loans	2,145	1,480
Non-performing TDR's \| Mortgage \| 1-4 family owner occupied - non-jumbo
Financing Receivable, Past Due [Line Items]
Non-Accrual with no Allowance for Credit Loss	1,700	1,929
Non-Accrual with an Allowance for Credit Loss	670	496
Total Non- Accrual	2,370	2,425
90+ and Still Accruing	0	0
Total Non- Performing Loans	2,370	2,425
Non-performing TDR's \| Mortgage \| 1-4 family non-owner occupied
Financing Receivable, Past Due [Line Items]
Non-Accrual with no Allowance for Credit Loss	0	0
Non-Accrual with an Allowance for Credit Loss	94	157
Total Non- Accrual	94	157
90+ and Still Accruing	0	0
Total Non- Performing Loans	94	157
Non-performing TDR's \| Mortgage \| 1-4 family - 2nd lien
Financing Receivable, Past Due [Line Items]
Non-Accrual with no Allowance for Credit Loss	200	246
Non-Accrual with an Allowance for Credit Loss	888	769
Total Non- Accrual	1,088	1,015
90+ and Still Accruing	0	0
Total Non- Performing Loans	1,088	1,015
Non-performing TDR's \| Mortgage \| Resort lending
Financing Receivable, Past Due [Line Items]
Non-Accrual with no Allowance for Credit Loss	0	0
Non-Accrual with an Allowance for Credit Loss	57	143
Total Non- Accrual	57	143
90+ and Still Accruing	0	0
Total Non- Performing Loans	57	143
Non-performing TDR's \| Installment \| Boat lending
Financing Receivable, Past Due [Line Items]
Non-Accrual with no Allowance for Credit Loss	0	0
Non-Accrual with an Allowance for Credit Loss	308	209
Total Non- Accrual	308	209
90+ and Still Accruing	0	0
Total Non- Performing Loans	308	209
Non-performing TDR's \| Installment \| Recreational vehicle lending
Financing Receivable, Past Due [Line Items]
Non-Accrual with no Allowance for Credit Loss	0	0
Non-Accrual with an Allowance for Credit Loss	354	377
Total Non- Accrual	354	377
90+ and Still Accruing	0	0
Total Non- Performing Loans	354	377
Non-performing TDR's \| Installment \| Other
Financing Receivable, Past Due [Line Items]
Non-Accrual with no Allowance for Credit Loss	0	0
Non-Accrual with an Allowance for Credit Loss	198	147
Total Non- Accrual	198	147
90+ and Still Accruing	0	0
Total Non- Performing Loans	$ 198	$ 147

SECURITIES - Held to Maturity (Details) - USD ($)	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Debt Securities, Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss [Abstract]
Carrying Value	$ 309,523,000	$ 339,436,000
Debt securities held-to-maturity, transferred unrealized loss	12,982,000	16,171,000
Debt securities, held-to-maturity, allowance for credit loss	92,000	132,000	$ 157,000	$ 168,000
Amortized Cost	322,597,000	355,739,000
Debt securities, held-to-maturity, unrecognized gains	36,000	28,000
Debt securities, held-to-maturity, unrecognized losses	39,803,000	53,907,000
Debt securities, held-to-maturity, fair value	282,830,000	301,860,000
U.S. agency
Debt Securities, Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss [Abstract]
Carrying Value	22,446,000	24,150,000
Debt securities held-to-maturity, transferred unrealized loss	1,220,000	1,404,000
Debt securities, held-to-maturity, allowance for credit loss	0	0
Amortized Cost	23,666,000	25,554,000
Debt securities, held-to-maturity, unrecognized gains	0	0
Debt securities, held-to-maturity, unrecognized losses	3,833,000	4,987,000
Debt securities, held-to-maturity, fair value	19,833,000	20,567,000
U.S. agency residential mortgage-backed
Debt Securities, Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss [Abstract]
Carrying Value	92,900,000	100,700,000
Debt securities held-to-maturity, transferred unrealized loss	7,688,000	8,669,000
Debt securities, held-to-maturity, allowance for credit loss	0	0
Amortized Cost	100,588,000	109,369,000
Debt securities, held-to-maturity, unrecognized gains	0	0
Debt securities, held-to-maturity, unrecognized losses	19,337,000	24,631,000
Debt securities, held-to-maturity, fair value	81,251,000	84,738,000
U.S. agency commercial mortgage-backed
Debt Securities, Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss [Abstract]
Carrying Value	3,734,000	4,013,000
Debt securities held-to-maturity, transferred unrealized loss	62,000	107,000
Debt securities, held-to-maturity, allowance for credit loss	0	0
Amortized Cost	3,796,000	4,120,000
Debt securities, held-to-maturity, unrecognized gains	0	0
Debt securities, held-to-maturity, unrecognized losses	249,000	402,000
Debt securities, held-to-maturity, fair value	3,547,000	3,718,000
Private label mortgage-backed
Debt Securities, Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss [Abstract]
Carrying Value	7,294,000	7,350,000
Debt securities held-to-maturity, transferred unrealized loss	80,000	190,000
Debt securities, held-to-maturity, allowance for credit loss	2,000	1,000	4,000	1,000
Amortized Cost	7,376,000	7,541,000
Debt securities, held-to-maturity, unrecognized gains	0	0
Debt securities, held-to-maturity, unrecognized losses	272,000	551,000
Debt securities, held-to-maturity, fair value	7,104,000	6,990,000
Obligations of states and political subdivisions
Debt Securities, Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss [Abstract]
Carrying Value	149,915,000	156,305,000
Debt securities held-to-maturity, transferred unrealized loss	3,717,000	5,262,000
Debt securities, held-to-maturity, allowance for credit loss	19,000	17,000	33,000	39,000
Amortized Cost	153,651,000	161,584,000
Debt securities, held-to-maturity, unrecognized gains	36,000	28,000
Debt securities, held-to-maturity, unrecognized losses	14,278,000	19,461,000
Debt securities, held-to-maturity, fair value	139,409,000	142,151,000
Corporate
Debt Securities, Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss [Abstract]
Carrying Value	32,276,000	45,964,000
Debt securities held-to-maturity, transferred unrealized loss	177,000	496,000
Debt securities, held-to-maturity, allowance for credit loss	67,000	111,000	116,000	123,000
Amortized Cost	32,520,000	46,571,000
Debt securities, held-to-maturity, unrecognized gains	0	0
Debt securities, held-to-maturity, unrecognized losses	1,834,000	3,875,000
Debt securities, held-to-maturity, fair value	30,686,000	42,696,000
Trust preferred
Debt Securities, Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss [Abstract]
Carrying Value	958,000	954,000
Debt securities held-to-maturity, transferred unrealized loss	38,000	43,000
Debt securities, held-to-maturity, allowance for credit loss	4,000	3,000	$ 4,000	$ 5,000
Amortized Cost	1,000,000	1,000,000
Debt securities, held-to-maturity, unrecognized gains	0	0
Debt securities, held-to-maturity, unrecognized losses	0	0
Debt securities, held-to-maturity, fair value	$ 1,000,000	$ 1,000,000

DEPOSITS - Narrative (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Deposits [Abstract]
Time deposits, denominations amount	$ 250	$ 250
Aggregate amount of time deposits of $0.25 million or more	$ 223,400	$ 211,400

SHARE BASED COMPENSATION AND BENEFIT PLANS - Outstanding Non-vested Stock and Related Transactions (Details) - Restricted Stock and PSU's	12 Months Ended
	Dec. 31, 2025 $ / shares shares
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Outstanding, beginning balance (in shares) \| shares	266,986
Granted (in shares) \| shares	69,695
Vested (in shares) \| shares	(74,623)
Forfeited (in shares) \| shares	(11,845)
Outstanding, ending balance (in shares) \| shares	250,213
Weighted- Average Grant Date Fair Value
Outstanding, beginning balance (in dollars per share) \| $ / shares	$ 24.64
Granted (in dollars per share) \| $ / shares	37.14
Vested (in dollars per share) \| $ / shares	26.99
Forfeited (in dollars per share) \| $ / shares	24.22
Outstanding, ending balance (in dollars per share) \| $ / shares	$ 27.70

SUBORDINATED DEBT AND DEBENTURES (Tables)

12 Months Ended

Dec. 31, 2025

Subordinated Borrowings [Abstract]

Summary Information Regarding Subordinated Debentures

Summary information regarding subordinated debentures as of December 31 follows:


		2025
Entity Name	Issue Date	Subordinated Debentures		Trust Preferred Securities Issued		Common Stock Issued
		(In thousands)
IBC Capital Finance III	May 2007	$	12,372	$	12,000	$	372
IBC Capital Finance IV	September 2007	15,465		15,000		465
Midwest Guaranty Trust I	November 2002	7,732		7,500		232
TCSB Statutory Trust I	March 2005	5,155		5,000		155
Discount on TCSB Statutory Trust I		(860)		(860)		—
		$	39,864	$	38,640	$	1,224


		2024
Entity Name	Issue Date	Subordinated Debentures		Trust Preferred Securities Issued		Common Stock Issued
		(In thousands)
IBC Capital Finance III	May 2007	$	12,372	$	12,000	$	372
IBC Capital Finance IV	September 2007	15,465		15,000		465
Midwest Guaranty Trust I	November 2002	7,732		7,500		232
TCSB Statutory Trust I	March 2005	5,155		5,000		155
Discount on TCSB Statutory Trust I		(928)		(928)		—
		$	39,796	$	38,572	$	1,224

Schedule of Other Key Terms for Subordinated Debentures and Trust Preferred Securities

Other key terms for the subordinated debentures and trust preferred securities that were outstanding at December 31, 2025 and 2024 follow:

Entity Name

Maturity
Date

Interest Rate

First Permitted
Redemption Date

IBC Capital Finance III

July 30, 2037

3 month SOFR plus 1.86%

July 30, 2012

IBC Capital Finance IV

September 15, 2037

3 month SOFR plus 3.11%

September 15, 2012

Midwest Guaranty Trust I

November 7, 2032

3 month SOFR plus 3.71%

November 7, 2007

TCSB Statutory Trust I

March 17, 2035

3 month SOFR plus 2.46%

March 17, 2010

OTHER REAL ESTATE

12 Months Ended

Dec. 31, 2025

Real Estate [Abstract]

OTHER REAL ESTATE

A summary of other real estate activity for the years ended December 31 follows (1):


	2025		2024		2023
	(In thousands)
Balance at beginning of year, net of valuation allowance	$	891	$	569	$	443
Loans transferred to other real estate	776		1,091		783
Sales of other real estate	(850)		(753)		(603)
Additions to valuation allowance charged to expense	(40)		(16)		(54)
Balance at end of year, net of valuation allowance	$	777	$	891	$	569

_________________________________________________


(1)			Table excludes other repossessed assets totaling $0.12 million and $0.05 million at December 31, 2025 and 2024, respectively.

We periodically review our real estate properties and establish valuation allowances on these properties if values have declined since the date of acquisition. An analysis of our valuation allowance for other real estate follows:


	2025		2024		2023
	(In thousands)
Balance at beginning of year	$	—	$	—	$	—
Additions charged to expense	40		16		54
Direct write-downs upon sale	—		(16)		(54)
Balance at end of year	$	40	$	—	$	—

At December 31, 2025 and 2024, the balance of other real estate includes $0.8 million and $0.9 million, respectively of foreclosed residential real estate properties. Retail mortgage loans secured by residential real estate properties for which formal foreclosure proceedings are in process according to local requirements totaled $1.9 million and $2.0 million at December 31, 2025 and 2024, respectively.

Other real estate and repossessed assets totaling $0.9 million at December 31, 2025 and 2024, are presented net of the valuation allowance on the Consolidated Statements of Financial Condition.

DERIVATIVE FINANCIAL INSTRUMENTS

12 Months Ended

Dec. 31, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

DERIVATIVE FINANCIAL INSTRUMENTS

We are required to record derivatives on our Consolidated Statements of Financial Condition as assets and liabilities measured at their fair value. The accounting for increases and decreases in the value of derivatives depends upon the use of derivatives and whether the derivatives qualify for hedge accounting.

Our derivative financial instruments according to the type of hedge in which they are designated at December 31 follow:


	2025
	Notional Amount		Average Maturity (years)	Fair Value
	(Dollars in thousands)
Fair value hedge designation
Pay-fixed interest rate swap agreement - commercial	$	5,242	3.4	$	175
Pay-fixed interest rate swap agreements - securities available for sale	148,895		1.8	6,923
Pay-fixed interest rate swap agreements - installment	100,000		1.4	(824)
Pay-fixed interest rate swap agreements - mortgage	117,000		1.7	(1,186)
Interest rate cap agreements - securities available for sale	40,970		2.3	32
Total	$	412,107	1.8	$	5,120

Cash flow hedge designation
Interest rate floor agreements - commercial	$	450,000	1.8	$	4,669
Interest rate cap agreements - short-term funding liabilities	50,000		2.1	46
Total	$	500,000	1.8	$	4,715

No hedge designation
Rate-lock mortgage loan commitments	$	17,180	0.1	$	230
Mandatory commitments to sell mortgage loans	24,909		0.1	(32)
Pay-fixed interest rate swap agreements - commercial	683,715		4.5	(3,345)
Pay-variable interest rate swap agreements - commercial	683,715		4.5	3,345
Total	$	1,409,519	4.4	$	198


	2024
	Notional Amount		Average Maturity (years)	Fair Value
	(Dollars in thousands)
Fair value hedge designation
Pay-fixed interest rate swap agreement - commercial	$	5,647	4.4	$	361
Pay-fixed interest rate swap agreements - securities available for sale	148,895		2.8	13,265
Pay-fixed interest rate swap agreements - installment	100,000		2.4	77
Pay-fixed interest rate swap agreements - mortgage	147,000		2.2	283
Interest rate cap agreements - securities available for sale	40,970		3.3	334
Total	$	442,512	2.6	$	14,320

Cash flow hedge designation
Interest rate floor agreements - commercial	$	375,000	2.3	$	3,642
Interest rate cap agreements - short-term funding liabilities	25,000		3.4	312
Total	$	400,000	2.1	$	3,954

No hedge designation
Rate-lock mortgage loan commitments	$	12,703	0.1	$	100
Mandatory commitments to sell mortgage loans	19,874		0.1	62
Pay-fixed interest rate swap agreements - commercial	538,053		5.0	13,325
Pay-variable interest rate swap agreements - commercial	538,053		5.0	(13,325)
Total	$	1,108,683	4.9	$	162

We have established management objectives and strategies that include interest-rate risk parameters for maximum fluctuations in net interest income and market value of portfolio equity. We monitor our interest rate risk position via simulation modeling reports. The goal of our asset/liability management efforts is to maintain profitable financial leverage within established risk parameters.

We have entered into pay-fixed interest rate swaps and caps to protect a portion of the fair value of a certain fixed rate commercial loan and certain mortgage and installment loans (‘‘Fair Value Hedge – Portfolio Loans’’). As a result, changes in the fair values of the pay-fixed interest rate swaps and caps are expected to offset changes in the fair values of the fixed rate portfolio loans due to fluctuations in interest rates. We record the fair values of Fair Value Hedge – Portfolio Loans in accrued income and other assets and accrued expenses and other liabilities on our Consolidated Statements of Financial Condition. The hedged items (a fixed rate commercial loan and certain fixed rate mortgage and installment loans) are also recorded at fair value which offsets the adjustment to the Fair Value Hedge – Portfolio Loans. On an ongoing basis, we adjust our Consolidated Statements of Financial Condition to reflect the then current fair values of both the Fair Value Hedge – Portfolio Loans and the hedged items. The related gains or losses are reported in interest income – interest and fees on loans in our Consolidated Statements of Operations. During the second quarter of 2023 we terminated the interest rate cap that was previously hedging certain installment loans. The remaining unrealized gain on this terminated interest cap of $0.12 million as of December 31, 2025 is being amortized into earnings over the original life of the interest rate cap which was February, 2030.

We have entered into pay-fixed interest rate swap and interest rate cap agreements to protect a portion of the fair value of certain securities available for sale (‘‘Fair Value Hedge – AFS Securities’’). As a result, the change in the fair value of the pay-fixed interest rate swap and interest rate cap agreements is expected to offset a portion of the change in the fair value of the fixed rate securities available for sale due to fluctuations in interest rates. We record the fair value of Fair Value Hedge – AFS Securities in accrued income and other assets and accrued expenses and other liabilities on our Consolidated Statements of Financial Condition. The hedged items (fixed rate securities available for sale) are also recorded at fair value which offsets the adjustment to the Fair Value Hedge – AFS Securities. On an ongoing basis, we adjust our Consolidated Statements of Financial Condition to reflect the then current fair value of both the Fair Value

Hedge – AFS Securities and the hedged item. The related gains or losses are reported in interest income – interest on securities – tax-exempt in our Consolidated Statements of Operations.

We have entered into interest rate floor agreements to manage the variability in future expected cash flows of certain commercial loans (‘‘Cash Flow Hedge – Portfolio Loans’’). We record the fair value of Cash Flow Hedge – Portfolio Loans in accrued income and other assets and accrued expenses and other liabilities on our Consolidated Statements of Financial Condition. The changes in the fair value of Cash Flow Hedge - Portfolio Loans are recorded in accumulated other comprehensive loss and are reclassified into the line item in our Consolidated Statements of Operations in which the hedged items are recorded in the same period the hedged items affect earnings.

We have entered into an interest rate cap agreement to manage the variability in future expected cash flows of certain short-term funding liabilities (‘‘Cash Flow Hedge – Short-term Funding Liabilities’’). We record the fair value of Cash Flow Hedge – Short-term Funding Liabilities in accrued income and other assets and accrued expenses and other liabilities on our Consolidated Statements of Financial Condition. The changes in the fair value of Cash Flow Hedge - Short-term Funding Liabilities are recorded in accumulated other comprehensive loss and are reclassified into the line item in our Consolidated Statements of Operations in which the hedged items are recorded in the same period the hedged items affect earnings.

For Cash Flow Hedges, it is anticipated that as of December 31, 2025, $0.9 million will be reclassified from accumulated other comprehensive loss as a reduction to earnings over the next twelve months. The maximum term of any Cash Flow Hedge at December 31, 2025 is 3.62 years.

Certain derivative financial instruments have not been designated as hedges. The fair value of these derivative financial instruments has been recorded on our Consolidated Statements of Financial Condition and is adjusted on an ongoing basis to reflect their then current fair value. The changes in fair value of derivative financial instruments not designated as hedges are recognized in earnings.

In the ordinary course of business, we enter into rate-lock mortgage loan commitments with customers (‘‘Rate-Lock Commitments’’). These commitments expose us to interest rate risk. We also enter into mandatory commitments to sell mortgage loans (‘‘Mandatory Commitments’’) to reduce the impact of price fluctuations of mortgage loans held for sale and Rate-Lock Commitments. Mandatory Commitments help protect our loan sale profit margin from fluctuations in interest rates. The changes in the fair value of Rate-Lock Commitments and Mandatory Commitments are recognized currently as part of net gains on mortgage loans in our Consolidated Statements of Operations. We obtain market prices on Mandatory Commitments and Rate-Lock Commitments. Net gains on mortgage loans, as well as net income may be more volatile as a result of these derivative instruments, which are not designated as hedges.

We have a program that allows commercial loan customers to lock in a fixed rate for a longer period of time than we would normally offer for interest rate risk reasons. We will enter into a variable rate commercial loan and an interest rate swap agreement with a customer and then enter into an offsetting interest rate swap agreement with an unrelated party. The interest rate swap agreement fair values will generally move in opposite directions resulting in little or no net impact on our Consolidated Statements of Operations. All of the interest rate swap agreements - commercial with no hedge designation in the table above relate to this program.

We had entered into a no hedge designation pay-variable interest rate swap agreement in an attempt to manage the cost of certain funding liabilities. The changes in fair value of this no hedge pay-variable interest rate swap is recorded in non-interest expense-other in our Consolidated Statements of Operations. This no hedge designation pay-variable interest rate swap agreement matured during the third quarter of 2023.

The following table illustrates the impact that the derivative financial instruments discussed above have on individual line items in the Consolidated Statements of Financial Condition for the periods presented:

Fair Values of Derivative Instruments


	Asset Derivatives						Liability Derivatives
	December 31,						December 31,
	2025			2024			2025			2024
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
	(In thousands)
Derivatives designated as hedging instruments
Pay-fixed interest rate swap agreements	Other assets	$	7,114	Other assets	$	14,336	Other liabilities	$	2,026	Other liabilities	$	350
Interest rate cap agreements	Other assets	78		Other assets	646		Other liabilities	—		Other liabilities	—
Interest rate floor agreements	Other assets	4,669		Other assets	3,642		Other liabilities	—		Other liabilities	—
		11,861			18,624			2,026			350
Derivatives not designated as hedging instruments
Rate-lock mortgage loan commitments	Other assets	230		Other assets	100		Other liabilities	—		Other liabilities	—
Mandatory commitments to sell mortgage loans	Other assets	—		Other assets	62		Other liabilities	32		Other liabilities	—
Pay-fixed interest rate swap agreements - commercial	Other assets	7,074		Other assets	15,799		Other liabilities	10,419		Other liabilities	2,474
Pay-variable interest rate swap agreements - commercial	Other assets	10,419		Other assets	2,474		Other liabilities	7,074		Other liabilities	15,799
		17,723			18,435			17,525			18,273
Total derivatives		$	29,584		$	37,059		$	19,551		$	18,623

The effect of derivative financial instruments on the Consolidated Statements of Operations follows:


Year Ended December 31,
	Gain (loss) Recognized in Other Comprehensive Income (Effective Portion)						Location of Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)	Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)						Location of Gain (Loss) Recognized in Income	Gain (Loss) Recognized in Income
	2025		2024		2023			2025		2024		2023			2025		2024		2023
	(In thousands)
Fair Value Hedges
Pay-fixed interest rate swap agreement - commercial														Interest and fees on loans	$	(186)	$	12	$	(98)
Pay-fixed interest rate swap agreement - securities available for sale														Interest on securities	(6,342)		(2,022)		(4,619)
Pay-fixed interest rate swap agreement - installment														Interest and fees on loans	(901)		1,305		(1,305)
Pay-fixed interest rate swap agreements - Mortgage														Interest and fees on loans	(1,469)		2,414		(2,131)
Interest rate cap agreements - securities available for sale	$	(302)	$	23	$	(848)	Interest on securities	$	(227)	$	(167)	$	(262)	Interest on securities	—		(145)		90
Interest rate cap agreements - installment	—		—		—		Interest and fees on loans	—		—		—		Interest and fees on loans	—		—		(14)
Total	$	(302)	$	23	$	(848)		$	(227)	$	(167)	$	(262)		$	(8,898)	$	1,564	$	(8,077)
Cash Flow Hedges
Interest rate floor agreements - commercial	$	(612)	$	(4,223)	$	635	Interest and fees on loans	$	(1,861)	$	(1,199)	$	(175)	Interest and fees on loans	$	(1,861)	$	(1,199)	$	(175)
Interest rate cap agreements - short-term funding liabilities	(324)		(12)		—		Interest expense	(23)		—		—		Interest expense	(23)		—		—
Total	$	(936)	$	(4,235)	$	635		$	(1,884)	$	(1,199)	$	(175)		$	(1,884)	$	(1,199)	$	(175)
No hedge designation
Rate-lock mortgage loan commitments														Net gains on mortgage loans	$	130	$	(73)	$	1,229
Mandatory commitments to sell mortgage loans														Net gains on mortgage loans	(94)		341		(594)
Pay-fixed interest rate swap agreements - commercial														Interest and fees on loans	(16,670)		6,156		(9,894)
Pay-variable interest rate swap agreements -commercial														Interest and fees on loans	16,670		(6,156)		9,894
Pay-variable interest rate swap agreement														Non-interest expense - other	—		—		(12)
Total															$	36	$	268	$	623

- Definition

The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.

+ References

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+ Details

FAIR VALUE DISCLOSURES

12 Months Ended

Dec. 31, 2025

Fair Value Disclosures [Abstract]

FAIR VALUE DISCLOSURES

FASB ASC topic 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. FASB ASC topic 820 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.

The standard describes three levels of inputs that may be used to measure fair value:

Level 1: Valuation is based upon quoted prices for identical instruments traded in active markets. Level 1 instruments include securities traded on active exchange markets, such as the New York Stock Exchange, as well as U.S. Treasury securities that are traded by dealers or brokers in active over-the-counter markets.

Level 2: Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market. Level 2 instruments include securities traded in less active dealer or broker markets.

Level 3: Valuation is generated from model-based techniques that use at least one significant assumption not observable in the market. These unobservable assumptions reflect estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include use of option pricing models, discounted cash flow models and similar techniques.

We used the following methods and significant assumptions to estimate fair value:

Securities: Where quoted market prices are available in an active market, securities are classified as Level 1 of the valuation hierarchy. We currently do not have any Level 1 securities. If quoted market prices are not available for the specific security, then fair values are estimated by (1) using quoted market prices of securities with similar characteristics, (2) matrix pricing, which is a mathematical technique used widely in the industry to value securities without relying exclusively on quoted prices for specific securities but rather by relying on the securities’ relationship to other benchmark

quoted prices, or (3) a discounted cash flow analysis whose significant fair value inputs can generally be verified and do not typically involve judgment by management. These securities are classified as Level 2 of the valuation hierarchy and primarily include agency securities, private label mortgage-backed securities, other asset backed securities, obligations of states and political subdivisions, trust preferred securities and corporate securities.

Loans held for sale: The fair value of loans held for sale, carried at fair value is based on agency cash window loan pricing for comparable assets (recurring Level 2).

Collateral dependent loans with specific loss allocations based on collateral value: From time to time, certain collateral dependent loans will have an ACL established. When the fair value of the collateral is based on an appraised value or when an appraised value is not available we record the collateral dependent loan as nonrecurring Level 3. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments can be significant and thus will typically result in a Level 3 classification of the inputs for determining fair value.

Other real estate: At the time of acquisition, other real estate is recorded at fair value, less estimated costs to sell, which becomes the property’s new basis. Subsequent write-downs to reflect declines in value since the time of acquisition may occur from time to time and are recorded in net gains (losses) on other real estate and repossessed assets, which is part of non-interest expense - other in the Consolidated Statements of Operations. The fair value of the property used at and subsequent to the time of acquisition is typically determined by a third party appraisal of the property. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Such adjustments can be significant and typically result in a Level 3 classification of the inputs for determining fair value.

Appraisals for both collateral-dependent loans and other real estate are performed by certified general appraisers (for commercial properties) or certified residential appraisers (for residential properties) whose qualifications and licenses have been reviewed and verified by us. Once received, an independent third party, or a member of our Collateral Evaluation Department (for commercial properties), or a member of our Special Assets Group (for residential properties) reviews the assumptions and approaches utilized in the appraisal as well as the overall resulting fair value in comparison with independent data sources such as recent market data or industry-wide statistics. We compare the actual selling price of collateral that has been sold to the most recent appraised value of our properties to determine what additional adjustment, if any, should be made to the appraisal value to arrive at fair value. For commercial and residential properties we typically discount an appraisal to account for various factors that the appraisal excludes in its assumptions.

Capitalized mortgage loan servicing rights: The fair value of capitalized mortgage loan servicing rights is based on a valuation model used by an independent third party that calculates the present value of estimated net servicing income. The valuation model incorporates assumptions that market participants would use in estimating future net servicing income. Certain model assumptions are generally unobservable and are based upon the best information available including data relating to our own servicing portfolio, reviews of mortgage servicing assumption and valuation surveys and input from various mortgage servicers and, therefore, are recorded as Level 3. Management evaluates the third party valuation for reasonableness each quarter as part of our financial reporting control processes.

Derivatives: The fair value of rate-lock mortgage loan commitments is based on agency cash window loan pricing for comparable assets and the fair value of mandatory commitments to sell mortgage loans is based on mortgage backed security pricing for comparable assets (recurring Level 2). The fair value of interest rate swap, interest rate cap and interest rate floor agreements are derived from proprietary models which utilize current market data. The significant fair value inputs can generally be observed in the market place and do not typically involve judgment by management (recurring Level 2).

Assets and liabilities measured at fair value, including financial assets for which we have elected the fair value option, were as follows:


			Fair Value Measurements Using
	Fair Value Measure- ments		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Un- observable Inputs (Level 3)
	(In thousands)
December 31, 2025:
Measured at Fair Value on a Recurring Basis
Assets
Securities available for sale
U.S. agency	$	7,917	$	—	$	7,917	$	—
U.S. agency residential mortgage-backed	81,065		—		81,065		—
U.S. agency commercial mortgage-backed	7,186		—		7,186		—
Private label mortgage-backed	40,506		—		40,506		—
Other asset backed	30,185		—		30,185		—
Obligations of states and political subdivisions	280,402		—		280,402		—
Corporate	47,661		—		47,661		—
Trust preferred	987		—		987		—
Loans held for sale	9,031		—		9,031		—
Capitalized mortgage loan servicing rights	31,493		—		—		31,493
Derivatives (1)	29,584		—		29,584		—
Liabilities
Derivatives (2)	19,551		—		19,551		—

Measured at Fair Value on a Non-recurring Basis:
Assets

Collateral dependent loans (3)
Commercial
Commercial and industrial	7,361		—		—		7,361
Commercial real estate	10,123		—		—		10,123
Mortgage
1-4 family owner occupied - non-jumbo	432		—		—		432
1-4 family non-owner occupied	14		—		—		14
1-4 family - 2nd lien	238		—		—		238
Resort lending	37		—		—		37
Installment
Boat lending	150		—		—		150
Recreational vehicle lending	153		—		—		153
Other	70		—		—		70

______________________________________


(1)			Included in accrued income and other assets in the Consolidated Statements of Financial Condition.


(2)			Included in accrued expenses and other liabilities in the Consolidated Statements of Financial Condition.


(3)			Only includes individually evaluated loans with specific loss allocations based on collateral value.


			Fair Value Measurements Using
	Fair Value Measure- ments		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Un- observable Inputs (Level 3)
	(In thousands)
December 31, 2024:
Measured at Fair Value on a Recurring Basis
Assets
Securities available for sale
U.S. agency	$	8,159	$	—	$	8,159	$	—
U.S. agency residential mortgage-backed	71,137		—		71,137		—
U.S. agency commercial mortgage-backed	11,641		—		11,641		—
Private label mortgage-backed	70,035		—		70,035		—
Other asset backed	38,516		—		38,516		—
Obligations of states and political subdivisions	288,791		—		288,791		—
Corporate	69,921		—		69,921		—
Trust preferred	982		—		982		—
Loans held for sale	7,643		—		7,643		—
Capitalized mortgage loan servicing rights	46,796		—		—		46,796
Derivatives (1)	37,059		—		37,059		—
Liabilities
Derivatives (2)	18,623		—		18,623		—

Measured at Fair Value on a Non-recurring Basis:
Assets

Collateral dependent loans (3)
Commercial
Commercial and industrial	4,205		—		—		4,205
Commercial real estate	132		—		—		132
Mortgage
1-4 family owner occupied - non-jumbo	627		—		—		627

1-4 family - 2nd lien	170		—		—		170
Resort lending	92		—		—		92
Installment
Boat lending	56		—		—		56
Recreational vehicle lending	172		—		—		172
Other	59		—		—		59

________________________________________


(1)			Included in accrued income and other assets in the Consolidated Statements of Financial Condition.


(2)			Included in accrued expenses and other liabilities in the Consolidated Statements of Financial Condition.


(3)			Only includes individually evaluated loans with specific loss allocations based on collateral value.

Changes in fair values of financial assets for which we have elected the fair value option for the years ended December 31 were as follows:


	Net Gains (Losses) on Assets -Mortgage Loans		Mortgage Loan Servicing, net		Total Change in Fair Values Included in Current Period Earnings
	(In thousands)

2025
Loans held for sale	$	49	$	—	$	49
Capitalized mortgage loan servicing rights	—		(5,741)		(5,741)

2024
Loans held for sale	139		—		139
Capitalized mortgage loan servicing rights	—		533		533

2023
Loans held for sale	2,281		—		2,281
Capitalized mortgage loan servicing rights	—		(4,202)		(4,202)

For those items measured at fair value pursuant to our election of the fair value option, interest income is recorded within the Consolidated Statements of Operations based on the contractual amount of interest income earned on these financial assets.

The following represent impairment charges recognized during the years ended December 31, 2025, 2024 and 2023 relating to assets measured at fair value on a non-recurring basis:

•Loans that are individually evaluated using the fair value of collateral for collateral dependent loans had a carrying amount of $18.6 million, which is net of a valuation allowance of $6.8 million at December 31, 2025, and had a carrying amount of $5.5 million, which is net of a valuation allowance of $2.3 million at December 31, 2024. An additional provision for credit losses relating to these collateral dependent loans of $7.0 million, $0.2 million and $1.1 million was included in our results of operations for the years ending December 31, 2025, 2024 and 2023, respectively.

A reconciliation for all assets and (liabilities) measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the years ended December 31 follows:


	Capitalized Mortgage Loan Servicing Rights
	2025		2024		2023
	(In thousands)
Beginning balance	$	46,796	$	42,243	$	42,489
Total losses realized and unrealized:
Included in results of operations	(5,741)		533		(4,202)
Included in results of operations - gain on sale (1)	(233)		—		—
Included in other comprehensive income (loss)	—		—		—
Purchases, issuances, settlements, maturities and calls	3,494		4,020		3,956
Sales (1)	(12,823)		—		—
Transfers in and/or out of Level 3	—		—		—
Ending balance	$	31,493	$	46,796	$	42,243

Amount of total gains (losses) for the period included in earnings attributable to the change in unrealized losses relating to assets and liabilities still held at December 31	$	(5,741)	$	533	$	(4,202)

(1) On January 31, 2025 we sold $931.6 million of mortgage loan servicing rights (26.3% of total servicing portfolio) and transferred the servicing on March 3, 2025. This sale represented approximately $13.1 million (27.9%) of the total capitalized mortgage loan servicing right asset. While there remains a customary hold back of final settlement funds of approximately $0.1 million relating to this transaction, we are not aware of any issues that will have a material impact on this final payment. We have until the first quarter, 2026 to receive this final payment. Transaction expenses relating to this sale were approximately $0.2 million and were expensed in 2025.

The fair value of our capitalized mortgage loan servicing rights has been determined based on a valuation model used by an independent third party as discussed above. The significant unobservable inputs used in the fair value measurement of the capitalized mortgage loan servicing rights are discount rate, cost to service, ancillary income, float rate and prepayment rate. Significant changes in all five of these assumptions in isolation would result in significant changes to the

value of our capitalized mortgage loan servicing rights. Quantitative information about our Level 3 fair value measurements measured on a recurring basis follows:


	Asset Fair Value		Valuation Technique	Unobservable Inputs	Range		Weighted Average
	(In thousands)
2025
Capitalized mortgage loan servicing rights	$	31,493	Present value of net servicing revenue	Discount rate	9.50% to 18.65%		9.94		%
				Cost to service	$69 to $817		$	80
				Ancillary income	20 to 30		20
				Float rate	3.75	%	3.75		%
				Prepayment rate	5.39% to 39.62%		9.60		%

2024
Capitalized mortgage loan servicing rights	$	46,796	Present value of net servicing revenue	Discount rate	10.00% to 19.15%		10.37		%
				Cost to service	$70 to $817		$	79
				Ancillary income	20 to 30		20
				Float rate	4.33	%	4.33		%
				Prepayment rate	5.40% to 28.28%		7.54		%

Quantitative information about Level 3 fair value measurements measured on a non-recurring basis follows:

Asset
Fair
Value

Valuation
Technique

Unobservable
Inputs

Range

Weighted
Average

(In thousands)

2025

Collateral dependent loans

Commercial

9,826

(1)

Income approach

Discount rates used

9.0% to 16.0%

13.5

Sales comparison approach

Adjustment for differences between comparable sales

(50.0) to 15.0

(0.6)

7,010

Discounting financial statement and machinery and equipment appraised values

Discount rates used

40.0 to 65.0

47.2

648

Sales comparison approach

Adjustment for differences between comparable sales

(18.0) to 65.0

8.7

Mortgage and Installment (2)

1,094

Sales comparison approach

Adjustment for differences between comparable sales

(17.7) to 16.9

0.2

2024

Collateral dependent loans

Commercial

4,337

Discounting financial statement and machinery and equipment appraised values

Discount rates used

45.0% to 55.0%

50.5%

Sales comparison approach

Adjustment for differences between comparable sales

(20.0) to 35.0

(1.4)

Mortgage and Installment (2)

1,176

Sales comparison approach

Adjustment for differences between comparable sales

(22.0) to 21.7

(0.4)

______________________________________


(1)			We have one commercial loan relationship that is cross collateralized by several properties whose appraisals used different valuation techniques.
(2)			In addition to the valuation techniques and unobservable inputs discussed above, at December 31, 2025 and 2024 certain collateral dependent installment loans totaling approximately $0.37 million and $0.29 million, respectively, are secured by collateral other than real estate. For the majority of these loans, we apply internal discount rates to industry valuation guides.

The following table reflects the difference between the aggregate fair value and the aggregate remaining contractual principal balance outstanding for loans held for sale for which the fair value option has been elected at December 31:


	Aggregate Fair Value		Difference		Contractual Principal
	(In thousands)
Loans held for sale
2025	$	9,031	$	127	$	8,904
2024	7,643		78		7,565
2023	12,063		(61)		12,124

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

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+ Details

OTHER REAL ESTATE (Tables)

12 Months Ended

Dec. 31, 2025

Real Estate [Abstract]

Summary of Other Real Estate Activity

A summary of other real estate activity for the years ended December 31 follows (1):


	2025		2024		2023
	(In thousands)
Balance at beginning of year, net of valuation allowance	$	891	$	569	$	443
Loans transferred to other real estate	776		1,091		783
Sales of other real estate	(850)		(753)		(603)
Additions to valuation allowance charged to expense	(40)		(16)		(54)
Balance at end of year, net of valuation allowance	$	777	$	891	$	569

_________________________________________________


(1)			Table excludes other repossessed assets totaling $0.12 million and $0.05 million at December 31, 2025 and 2024, respectively.

Schedule of Valuation Allowance for Other Real Estate Owned


	2025		2024		2023
	(In thousands)
Balance at beginning of year	$	—	$	—	$	—
Additions charged to expense	40		16		54
Direct write-downs upon sale	—		(16)		(54)
Balance at end of year	$	40	$	—	$	—

SEGMENT REPORTING

12 Months Ended

Dec. 31, 2025

Segment Reporting [Abstract]

SEGMENT REPORTING

Independent Bank Corporation is a bank holding company, whose principal activity is the ownership and management of its wholly-owned subsidiaries, including Independent Bank. As a community-oriented financial institution, substantially all of our operations involve the delivery of loan and deposit products to customers.

We have one reportable segment which is determined by the Chief Executive Officer, who is the designated chief operating decision maker, based upon information provided about the products and services we offer, primarily banking operations. The segment is also distinguished by the level of information provided to the chief operating decision maker, who uses such information to review performance of various components of the business, which are then aggregated if the operating performance, products/services, and customers are similar. The chief operating decision maker will evaluate the performance of our business components such as evaluating revenue streams, significant expenses, and budget to actual results assessing our segment and in the determination of allocating resources. The chief operating decision maker uses revenue streams to evaluate product pricing and significant expenses to assess performance and evaluate return on assets. The chief operating decision maker uses consolidated net income, earnings per share, and return on average assets to benchmark us against our competitors. The benchmarking analysis coupled with monitoring of budget to actual results are used in assessing performance and in establishing compensation. Loans, investments, and deposits provide the majority of revenues in the banking operation. Interest expense, provisions for credit losses, and compensation and employee benefits provide the significant expenses in the banking operation. All operations are domestic.

Accounting policies for our segment are the same as those described in Note #1 - Accounting Policies. Segment performance is evaluated using consolidated net income, earnings per share, and return on average assets. Information reported internally for performance assessment by the chief operating decision maker is as follows, inclusive of reconciliations of significant segment totals to the consolidated financial statements for the years ended December 31, 2025, 2024 and 2023.


	2025
	Independent Bank		Other(1)		Eliminations		Total
	(In thousands)
INTEREST INCOME
Interest and fees on loans	$	238,532	$	—	$	301	$	238,833
Interest on securities	25,948		—		—		25,948
Other investments	4,956		1,356		(1,356)		4,956
Total Interest Income	269,436		1,356		(1,055)		269,737
INTEREST EXPENSE
Deposits	84,854		—		(1,356)		83,498
Other borrowings and subordinated debt and debentures	828		5,396		—		6,224
Total Interest Expense	85,682		5,396		(1,356)		89,722
Net Interest Income	183,754		(4,040)		301		180,015
Provision for credit losses	6,135		—		—		6,135
Net Interest Income After Provision for Credit Losses	177,619		(4,040)		301		173,880
NON-INTEREST INCOME
Interchange income	13,860		—		—		13,860
Service charges on deposit accounts	12,022		—		—		12,022
Net gains on mortgage loans	6,543		—		237		6,780
Mortgage loan servicing, net	827		—		—		827
Other	11,751		1,278		(874)		12,155
Total Non-interest Income	45,003		1,278		(637)		45,644
NON-INTEREST EXPENSE
Compensation and employee benefits	84,799		545		(150)		85,194
Data processing	14,709		79		—		14,788
Occupancy, net	8,544		23		—		8,567
Interchange expense	4,641		—		—		4,641
Furniture, fixtures and equipment	3,464		3		—		3,467
Advertising	3,202		9		—		3,211
FDIC deposit insurance	2,824		—		—		2,824
Loan and collection	2,737		—		—		2,737
Legal and professional	2,009		439		—		2,448
Communications	1,972		25		—		1,997
Other	7,559		800		—		8,359
Total Non-interest Expense	136,460		1,923		(150)		138,233
Income Before Income Tax	86,162		(4,685)		(186)		81,291
Income tax expense	14,195		(1,406)		(39)		12,750
Net Income	$	71,967	$	(3,279)	$	(147)	$	68,541

OTHER SEGMENT DISCLOSURES
Depreciation	$	4,991	$	2	$	—	$	4,993
Amortization	487		—		—		487
Total assets	5,499,615		565,709		(559,604)		5,505,720

(1) Includes amounts relating to our parent company and certain insignificant operations.


	2024
	Independent Bank		Other(1)		Eliminations		Total
	(In thousands)
INTEREST INCOME
Interest and fees on loans	$	228,325	$	—	$	260	$	228,585
Interest on securities	31,983		—		—		31,983
Other investments	6,208		1,746		(1,746)		6,208
Total Interest Income	266,516		1,746		(1,486)		266,776
INTEREST EXPENSE
Deposits	94,440		—		(1,746)		92,694
Other borrowings and subordinated debt and debentures	2,016		5,818		—		7,834
Total Interest Expense	96,456		5,818		(1,746)		100,528
Net Interest Income	170,060		(4,072)		260		166,248
Provision for credit losses	4,468		—		—		4,468
Net Interest Income After Provision for Credit Losses	165,592		(4,072)		260		161,780
NON-INTEREST INCOME
Interchange income	13,992		—		—		13,992
Service charges on deposit accounts	11,870		—		—		11,870
Net gains on mortgage loans	6,374		—		205		6,579
Mortgage loan servicing, net	9,447		—		—		9,447
Other	14,074		1,082		(682)		14,474
Total Non-interest Income	55,757		1,082		(477)		56,362
NON-INTEREST EXPENSE
Compensation and employee benefits	84,580		493		(118)		84,955
Data processing	13,505		74		—		13,579
Occupancy, net	7,782		24		—		7,806
Interchange expense	4,504		—		—		4,504
Furniture, fixtures and equipment	3,759		3		—		3,762
Advertising	3,049		9		—		3,058
FDIC deposit insurance	2,870		—		—		2,870
Legal and professional	2,163		403		—		2,566
Loan and collection	2,474		—		—		2,474
Communications	2,073		22		—		2,095
Other	6,674		753		—		7,427
Total Non-interest Expense	133,433		1,781		(118)		135,096
Income Before Income Tax	87,916		(4,771)		(99)		83,046
Income tax expense	17,334		(1,057)		(21)		16,256
Net Income	$	70,582	$	(3,714)	$	(78)	$	66,790

OTHER SEGMENT DISCLOSURES
Depreciation	$	5,185	$	3	$	—	$	5,188
Amortization	516		—		—		516
Total assets	5,328,488		549,242		(539,626)		5,338,104

(1) Includes amounts relating to our parent company and certain insignificant operations.


	2023
	Independent Bank		Other(1)		Eliminations		Total
	(In thousands)
INTEREST INCOME
Interest and fees on loans	$	197,489	$	—	$	236	$	197,725
Interest on securities	36,523		—		—		36,523
Other investments	5,429		1,317		(1,317)		5,429
Total Interest Income	239,441		1,317		(1,081)		239,677
INTEREST EXPENSE
Deposits	76,392		—		(1,317)		75,075
Other borrowings and subordinated debt and debentures	2,547		5,726		—		8,273
Total Interest Expense	78,939		5,726		(1,317)		83,348
Net Interest Income	160,502		(4,409)		236		156,329
Provision for credit losses	6,210		—		—		6,210
Net Interest Income After Provision for Credit Losses	154,292		(4,409)		236		150,119
NON-INTEREST INCOME
Interchange income	13,996		—		—		13,996
Service charges on deposit accounts	12,361		—		—		12,361
Net gains on mortgage loans	7,270		—		166		7,436
Mortgage loan servicing, net	4,626		—		—		4,626
Other	11,867		927		(537)		12,257
Total Non-interest Income	50,120		927		(371)		50,676
NON-INTEREST EXPENSE
Compensation and employee benefits	78,444		609		(88)		78,965
Data processing	11,790		72		—		11,862
Occupancy, net	7,884		24		—		7,908
Interchange expense	4,332		—		—		4,332
Furniture, fixtures and equipment	3,751		5		—		3,756
Advertising	2,156		9		—		2,165
FDIC deposit insurance	3,005		—		—		3,005
Legal and professional	1,748		460		—		2,208
Loan and collection	2,174		—		—		2,174
Communications	2,381		25		—		2,406
Other	7,537		801		—		8,338
Total Non-interest Expense	125,202		2,005		(88)		127,119
Income Before Income Tax	79,210		(5,487)		(47)		73,676
Income tax expense	15,842		(1,223)		(10)		14,609
Net Income	$	63,368	$	(4,264)	$	(37)	$	59,067

OTHER SEGMENT DISCLOSURES
Depreciation	$	5,178	$	5	$	—	$	5,183
Amortization	547		—		—		547
Total assets	5,259,523		493,158		(488,955)		5,263,726

(1) Includes amounts relating to our parent company and certain insignificant operations.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

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+ Details

ACCOUNTING POLICIES (Policies)	12 Months Ended
ACCOUNTING POLICIES (Policies)	Dec. 31, 2025
Accounting Policies [Abstract]
PRINCIPLES OF CONSOLIDATION	PRINCIPLES OF CONSOLIDATION — The consolidated financial statements include the accounts of Independent Bank Corporation and its subsidiaries. The income, expenses, assets and liabilities of the subsidiaries are included in the respective accounts of the consolidated financial statements, after elimination of all intercompany accounts and transactions.
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS — We have evaluated subsequent events for recognition and disclosure through March 6, 2026, which is the date the consolidated financial statements were available to be issued.
USE OF ESTIMATES	USE OF ESTIMATES — To prepare consolidated financial statements in conformity with accounting principles generally accepted in the United States of America management makes estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the consolidated financial statements and the disclosures provided, and actual results could differ.
STATEMENTS OF CASH FLOWS	STATEMENTS OF CASH FLOWS — For purposes of reporting cash flows, cash and cash equivalents include cash on hand, amounts due from banks, interest bearing deposits and federal funds sold. Generally, federal funds are sold for one-day periods. We report net cash flows for customer loan and deposit transactions and for short-term borrowings classified as other borrowings.
INTEREST BEARING DEPOSITS	INTEREST BEARING DEPOSITS — Interest bearing deposits consist of overnight deposits with the Federal Reserve Bank.
LOANS HELD FOR SALE	LOANS HELD FOR SALE — Mortgage loans originated and intended for sale in the secondary market are carried at fair value. Fair value adjustments, as well as realized gains and losses, are recorded in current earnings.
OPERATING SEGMENTS	OPERATING SEGMENTS — While chief decision-makers monitor the revenue streams of our various products and services, operations are managed and financial performance is evaluated as one single unit. Discrete financial information is not available other than on a consolidated basis for material lines of business.
CAPITALIZED MORTGAGE LOAN SERVICING RIGHTS	CAPITALIZED MORTGAGE LOAN SERVICING RIGHTS — We account for our capitalized mortgage loan servicing rights under the fair value method of accounting. We recognize as separate assets the rights to service mortgage loans for others. The fair value of capitalized mortgage loan servicing rights has been determined based upon fair value indications for similar servicing. Under the fair value method we measure capitalized mortgage loan servicing rights at fair value at each reporting date and report changes in fair value of capitalized mortgage loan servicing rights in earnings in the period in which the changes occur and are included in mortgage loan servicing, net in the Consolidated Statements of Operations. The fair value of capitalized mortgage loan servicing rights are subject to significant fluctuations as a result of changes in estimated and actual prepayment speeds and default rates and losses. Mortgage loan servicing income is recorded for fees earned for servicing loans previously sold. The fees are generally based on a contractual percentage of the outstanding principal and are recorded as income when earned. Mortgage loan servicing fees, excluding fair value changes of capitalized mortgage loan servicing rights, totaled $6.8 million, $8.9 million and $8.8 million for the years ended December 31, 2025, 2024 and 2023, respectively. Late fees and ancillary fees related to loan servicing are not material.
TRANSFERS OF FINANCIAL ASSETS	TRANSFERS OF FINANCIAL ASSETS — Transfers of financial assets are accounted for as sales when control over the assets has been relinquished. Control over transferred assets is deemed to be surrendered when the assets have been isolated from us, the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and we do not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity.
SECURITIES	SECURITIES — We classify our securities as equity, trading, held to maturity ("HTM") or available for sale ("AFS"). Equity securities are investments in certain equity stocks and are reported at fair value with realized and unrealized gains and losses included in earnings. Trading securities are bought and held principally for the purpose of selling them in the near term and are reported at fair value with realized and unrealized gains and losses included in earnings. Securities HTM represent those securities for which we have the positive intent and ability to hold until maturity and are reported at cost, adjusted for amortization of premiums and accretion of discounts computed on the level-yield method. We did not have any equity securities or trading securities at December 31, 2025 and 2024. Securities AFS represent those securities not classified as equity, trading or HTM and are reported at fair value with unrealized gains and losses, net of applicable income taxes reported in other comprehensive income. Securities AFS in unrealized loss positions are evaluated quarterly for impairment related to credit losses. For securities AFS in an unrealized loss position, we first assess whether we intend to sell, or it is more likely than not that we will be required to sell the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is written down to fair value through earnings. No securities AFS met these two criteria during the periods presented. For securities AFS that do not meet this criteria, we evaluate whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, we consider the extent to which fair value is less than amortized cost, adverse conditions specifically related to the security and the issuer and the impact of changes in market interest rates on the market value of the security, among other factors. If this assessment indicates that a credit loss exists, we compare the present value of cash flows expected to be collected from the security with the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis for the security, a credit loss exists and an allowance for credit losses ("ACL") is recorded, limited to the amount that the fair value of the security is less than its amortized cost basis. Any impairment that has not been recorded through an ACL is recognized in other comprehensive income, net of applicable taxes. The ACL on securities HTM is a contra asset valuation account that is deducted from the carrying amount of securities HTM to present the net amount expected to be collected. Securities HTM are charged off against the ACL when deemed uncollectible. Adjustments to the ACL are reported in our Consolidated Statements of Operations in provision for credit losses. We measure expected credit losses on securities HTM on a collective basis by major security type with each type sharing similar risk characteristics, and we consider historical credit loss information. Accrued interest receivable on securities HTM is excluded from the estimate of credit losses and is included in accrued income and other assets in the Consolidated Statements of Financial Condition. With regard to U.S. Government-sponsored agency and mortgage-backed securities (residential and commercial), all these securities are issued by a U.S. government-sponsored entity and have an implicit or explicit government guarantee; therefore, no allowance for credit losses has been recorded for these securities. With regard to obligations of states and political subdivisions, private label-mortgage-backed, corporate and trust preferred securities HTM, we consider (1) issuer bond ratings, (2) long-term historical loss rates for given bond ratings, (3) the financial condition of the issuer, and (4) whether issuers continue to make timely principal and interest payments under the contractual terms of the securities. Gains and losses realized on the sale of securities available for sale are determined using the specific identification method and are recognized on a trade-date basis.
FEDERAL HOME LOAN BANK (‘‘FHLB’’) STOCK	FEDERAL HOME LOAN BANK (‘‘FHLB’’) STOCK — Our Bank subsidiary is a member of the FHLB system. Members are required to own a certain amount of stock based on the level of borrowings and other factors, and may invest in additional amounts. FHLB stock is carried at cost, classified as a restricted security, and periodically evaluated for impairment based on ultimate recovery of par value. Both cash and stock dividends are reported as income in interest income-other investments on the Consolidated Statements of Operations.
FEDERAL RESERVE BANK (‘‘FRB’’) STOCK	FEDERAL RESERVE BANK (‘‘FRB’’) STOCK — Our Bank subsidiary is a member of its regional Federal Reserve Bank. FRB stock is carried at cost, classified as a restricted security, and periodically evaluated for impairment based on ultimate recovery of par value. Both cash and stock dividends are reported as income in interest income-other investments on the Consolidated Statements of Operations.
LOAN REVENUE RECOGNITION	LOAN REVENUE RECOGNITION — Interest on loans is accrued based on the principal amounts outstanding. In general, the accrual of interest income is discontinued when a loan becomes 90 days past due for commercial loans and installment loans and when a loan misses four consecutive payments for mortgage loans and the borrower’s capacity to repay the loan and collateral values appear insufficient for each loan class. However, loans may be placed on non-accrual status regardless of whether or not such loans are considered past due if, in management’s opinion, the borrower is unable to meet payment obligations as they become due or as required by regulatory provisions. All interest accrued but not received for all loans placed on non-accrual is reversed from interest income. Payments on such loans are generally applied to the principal balance until qualifying to be returned to accrual status. A non-accrual loan may be restored to accrual status when interest and principal payments are current and the loan appears otherwise collectible. Delinquency status for all classes in the commercial and installment loan portfolio segments is based on the actual number of days past due as required by the contractual terms of the loan agreement while delinquency status for mortgage loan portfolio segment classes is based on the number of payments past due. Certain loan fees and direct loan origination costs are deferred and recognized as an adjustment of yield generally over the contractual life of the related loan. Fees received in connection with loan commitments are deferred until the loan is advanced and are then recognized generally over the contractual life of the loan as an adjustment of yield. Fees on commitments that expire unused are recognized at expiration. Fees received for letters of credit are recognized as revenue over the life of the commitment.
ALLOWANCE FOR CREDIT LOSSES	ALLOWANCE FOR CREDIT LOSSES — Our loan portfolio is disaggregated into segments for purposes of determining the ACL which include commercial, mortgage and installment loans. These segments are further disaggregated into classes for purposes of monitoring and assessing credit quality based on certain risk characteristics. Classes within the commercial loan segment include (i) commercial and industrial and (ii) commercial real estate. Classes within the mortgage loan segment include (i) 1-4 family owner occupied - jumbo, (ii) 1-4 family owner occupied - non-jumbo, (iii) 1-4 family non-owner occupied (iv) 1-4 family - 2nd lien and (v) resort lending. Classes within the installment loan segment include (i) boat lending, (ii) recreational vehicle lending, and (iii) other. Commercial loans are subject to adverse market conditions which may impact the borrower’s ability to make repayment on the loan or could cause a decline in the value of the collateral that secures the loan. Mortgage and installment loans are subject to adverse employment conditions in the local economy which could increase default rates. In addition, mortgage loans and real estate based installment loans are subject to adverse market conditions which could cause a decline in the value of collateral that secures the loan. For an analysis of the ACL by portfolio segment and credit quality information by class, see note #4. We estimate the ACL based on relevant available information from both internal and external sources, including historical loss trends, current conditions and forecasts, specific analysis of individual loans, and other relevant and appropriate factors. The ACL process is designed to provide for expected future losses based on our reasonable and supportable (“R&S”) forecast as of the reporting date. Our ACL process is administered by our Risk Management group utilizing a third party software solution, with significant input and ultimate approval from our Executive Enterprise Risk Committee. Further, we have established a current expected credit loss (“CECL”) Forecast Committee, which includes a cross discipline structure with membership from Executive Management, Risk Management, Credit Administration and Accounting, which approves ACL model assumptions each quarter. Our ACL is comprised of three principal elements: (i) specific analysis of individual loans identified during the review of the loan portfolio, (ii) pooled analysis of loans with similar risk characteristics based on historical experience, adjusted for current conditions, R&S forecasts, and expected prepayments, and (iii) additional allowances based on subjective factors, including local and general economic business factors and trends, portfolio concentrations and changes in the size and/or the general terms of the loan portfolio. The first ACL element (specific allocations) includes loans that do not share similar risk characteristics and are evaluated on an individual basis. We will typically evaluate on an individual basis loans that are on nonaccrual; commercial loans that have been modified resulting in a concession, for which the borrower is experiencing financial difficulties, and which are considered loan modifications or with well defined weaknesses; and severely delinquent mortgage and installment loans. When we determine that foreclosure is probable or when repayment is expected to be provided substantially through the operation or sale of underlying collateral, expected credit losses are based on the fair value of the collateral at the reporting date, adjusted for estimated selling costs. For loans evaluated on an individual basis that are not determined to be collateral dependent, a discounted cash flow analysis is performed to determine expected credit losses. The second ACL element (pooled analysis) includes loans with similar risk characteristics, which are broken down by segment, class, and risk metric. The Bank’s primary segments of commercial, mortgage, and installment loans are further classified by other relevant attributes, such as collateral type, lien position, occupancy status, amortization method, and balance size. Commercial classes are additionally segmented by risk rating, and mortgage and installment loan classes by credit score tier, which are updated at least semi-annually. We utilize a discounted cash flow (“DCF”) model to estimate expected future losses for pooled loans. Expected future cash flows are developed from payment schedules over the contractual term, adjusted for forecasted default (probability of default), loss, and prepayment assumptions. We are not required to develop forecasts over the full contractual term of the financial asset or group of financial assets. Rather, for periods beyond which we are able to make or obtain R&S forecasts of expected credit losses, we revert to the long term average on a straight line or immediate basis, as determined by our CECL Forecast Committee, and which may vary depending on the economic outlook and uncertainty. The DCF model for the mortgage and installment pooled loan segments includes using probability of default (“PD”) assumptions that are derived through regression analysis with forecasted US unemployment levels by credit score tier. We review a composite forecast of approximately 50 analysts as well as the Federal Open Market Committee (“FOMC”) projections in setting the unemployment forecast for the R&S period. The current ACL utilizes a one year R&S forecast followed by immediate reversion to the 75 year average unemployment rate. PD assumptions for the remaining segments are based primarily on historical rates by risk metric as defaults were not strongly correlated with any economic indicator. Loss given default (“LGD”) assumptions for the mortgage loan segment are based on a two year forecast followed by a two year straight line reversion period to the longer term average, while LGD rates for the remaining segments are the historical average for the entire period. Prepayment assumptions represent average rates per segment for a period determined by the CECL Forecast Committee and as calculated through the Bank’s Asset and Liability Management program. Pooled reserves for the commercial loan segment are calculated using the DCF model with assumptions generally based on historical averages by class and risk rating. Effective risk rating practices allow for strong predictability of defaults and losses over the portfolio’s expected shorter duration, relative to mortgage and installment loans. Our rating system is similar to those employed by state and federal banking regulators. The third ACL element (additional allocations based on subjective factors) is based on factors that cannot be associated with a specific credit or loan category and reflects our attempt to ensure that the overall ACL appropriately reflects a margin for the imprecision necessarily inherent in the estimates of expected credit losses. We adjust our quantitative model for certain qualitative factors to reflect the extent to which management expects current conditions and R&S forecasts to differ from the conditions that existed for the period over which historical information was evaluated. The qualitative framework reflects changes related to relevant data, such as changes in asset quality trends, portfolio growth and composition, national and local economic factors, credit policy and administration and other factors not considered in the base quantitative model. We utilize a survey completed by business unit management throughout the Bank, as well as discussion with the CECL Forecast Committee to establish reserves under the qualitative framework. Increases in the ACL are recorded by a provision for credit losses charged to expense. Although we periodically allocate portions of the ACL to specific loans and loan portfolios, the entire ACL is available for losses. We generally charge-off commercial, homogenous residential mortgage and installment loans when they are deemed uncollectible or reach a predetermined number of days past due based on loan product, industry practice and other factors. Collection efforts may continue and recoveries may occur after a loan is charged against the ACL. While we use relevant information to recognize losses on loans, additional provisions for related losses may be necessary based on changes in economic conditions, customer circumstances and other credit risk factors.
PROPERTY AND EQUIPMENT	PROPERTY AND EQUIPMENT — Property and equipment is stated at cost less accumulated depreciation and amortization. Depreciation and amortization is computed using the straight-line method over the estimated useful lives of the related assets. Buildings are generally depreciated over a period not exceeding 39 years and equipment is generally depreciated over periods not exceeding 7 years. Leasehold improvements are depreciated over the shorter of their estimated useful life or lease period.
LEASES	LEASES — Leases are classified as operating or finance leases at the lease commencement date. We lease certain locations and equipment. We record leases on the balance sheet in the form of a lease liability for the present value of future lease payments under the lease terms and a right-of-use asset equal to the lease liability adjusted for items such as deferred or prepaid rent, lease incentives, and any impairment of the right-of-use asset. The discount rate used in determining the lease liability is based upon incremental borrowing rates we could obtain for similar loans as of the date of commencement or renewal. We do not record short term leases with an initial lease term of one year or less on the Consolidated Statements of Financial Condition. At lease inception, we determine the lease term by considering the noncancelable lease term and all optional renewal periods that we are reasonably certain to renew. The lease term is also used to calculate straight-line lease expense. Leasehold improvements are amortized over the shorter of the useful life and the estimated lease term. Our leases do not contain residual value guarantees or material variable lease payments. Operating lease expense consists of a single lease cost allocated over the remaining lease term on a straight-line basis, variable lease expense, and any impairment of the right-of-use asset. Lease expense is included in occupancy, net in the Consolidated Statements of Operations.
BANK OWNED LIFE INSURANCE	BANK OWNED LIFE INSURANCE — We have purchased a group flexible premium non-participating variable life insurance contract on approximately 250 lives (who were salaried employees at the time we purchased the contract) in order to recover the cost of providing certain employee benefits. Bank owned life insurance is recorded at its cash surrender value or the amount that can be currently realized.
OTHER REAL ESTATE AND REPOSSESSED ASSETS	OTHER REAL ESTATE AND REPOSSESSED ASSETS — Other real estate at the time of acquisition is recorded at fair value, less estimated costs to sell, which becomes the property’s new basis. Fair value is typically determined by a third party appraisal of the property. Any write-downs at date of acquisition are charged to the ACL. Expense incurred in maintaining other real estate and subsequent write-downs to reflect declines in value and gains or losses on the sale of other real estate are recorded in non-interest expense in the Consolidated Statements of Operations. Non-real estate repossessed assets are treated in a similar manner.
OTHER INTANGIBLES	OTHER INTANGIBLES — Other intangible assets consist of core deposits. They are initially measured at fair value and then are amortized on both straight-line and accelerated methods over their estimated useful lives, which range from 10 to 15 years.
GOODWILL	GOODWILL — Goodwill arises from business combinations and is generally determined as the excess of the fair value of the consideration transferred over the fair value of the net assets acquired and liabilities assumed as of the acquisition date. Goodwill acquired in a purchase business combination and determined to have an indefinite useful life is not amortized, but tested for impairment at least annually or more frequently if events and circumstances exists that indicate that a goodwill impairment test should be performed. We have selected December 31 as the date to perform the annual impairment test. Goodwill is the only intangible asset with an indefinite life on our Consolidated Statements of Financial Condition.
INCOME TAXES	INCOME TAXES — We employ the asset and liability method of accounting for income taxes. This method establishes deferred tax assets and liabilities for the temporary differences between the financial reporting basis and the tax basis of our assets and liabilities at tax rates expected to be in effect when such amounts are realized or settled. Under this method, the effect of a change in tax rates is recognized in the period that includes the enactment date. The deferred tax asset is subject to a valuation allowance for that portion of the asset for which it is more likely than not that it will not be realized. A tax position is recognized as a benefit only if it is ‘‘more likely than not’’ that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. We recognize interest and/or penalties related to income tax matters in income tax expense in the Consolidated Statements of Operations. We file a consolidated federal income tax return. Intercompany tax liabilities are settled as if each subsidiary filed a separate return.
COMMITMENTS TO EXTEND CREDIT AND RELATED FINANCIAL INSTRUMENTS	COMMITMENTS TO EXTEND CREDIT AND RELATED FINANCIAL INSTRUMENTS — Financial instruments may include commitments to extend credit and standby letters of credit. Financial instruments involve varying degrees of credit and interest-rate risk in excess of amounts reflected in the Consolidated Statements of Financial Condition. Exposure to credit risk in the event of non-performance by the counterparties to the financial instruments for loan commitments to extend credit and letters of credit is represented by the contractual amounts of those instruments. In general, we use a similar methodology to estimate our liability for these off-balance sheet credit exposures as we do for our ACL. For commercial related commitments, we estimate liability using our loan rating system and for mortgage and installment commitments we estimate liability principally upon historical loss experience. Our estimated liability for off balance sheet commitments is included in accrued expenses and other liabilities in our Consolidated Statements of Financial Condition and any charge or recovery is recorded in the provision for credit losses (beginning in the fourth quarter of 2025) and non-interest expense – costs related to unfunded lending commitments in our Consolidated Statements of Operations (prior to the fourth quarter of 2025).
DERIVATIVE FINANCIAL INSTRUMENTS	DERIVATIVE FINANCIAL INSTRUMENTS — We record derivatives on our Consolidated Statements of Financial Condition as assets and liabilities measured at their fair value. The accounting for increases and decreases in the value of derivatives depends upon the use of derivatives and whether the derivatives qualify for hedge accounting. At the inception of the derivative we designate the derivative as one of three types based on our intention and belief as to likely effectiveness as a hedge. These three types are (1) a hedge of the fair value of a recognized asset or liability or of an unrecognized firm commitment (‘‘Fair Value Hedge’’), (2) a hedge of a forecasted transaction or the variability of cash flows to be received or paid related to a recognized asset or liability (‘‘Cash Flow Hedge’’), or (3) an instrument with no hedging designation. For a Fair Value Hedge, the gain or loss on the derivative, as well as the offsetting loss or gain on the hedged item, are recognized in interest income in our Consolidated Statements of Operations. For a Cash Flow Hedge, the gain or loss on the derivative is reported in other comprehensive income and is reclassified into earnings in the same periods during which the hedged transaction affects earnings. For instruments with no hedging designation, the gain or loss on the derivative is reported in earnings. These free standing instruments primarily consist of (i) mortgage banking related derivatives and include rate-lock loan commitments to fund mortgage loans (interest rate locks) to be sold into the secondary market and mandatory forward commitments for the future delivery of these mortgage loans and (ii) certain pay-fixed and pay-variable interest rate swap agreements related to commercial loan customers. The fair value of rate-lock mortgage loan commitments is based on agency cash window loan pricing for comparable assets and the fair value of mandatory commitments to sell mortgage loans is based on mortgage backed security pricing for comparable assets. We enter into mandatory forward commitments for the future delivery of mortgage loans generally when interest rate locks are entered into in order to hedge the change in interest rates resulting from our commitments to fund the loans. Changes in the fair values of these derivatives are included in net gains on mortgage loans in the Consolidated Statements of Operations. Fair values of the pay-fixed and pay-variable interest rate swap agreements are derived from proprietary models which utilize current market data and are included in net interest income in the Consolidated Statements of Operations. Net cash settlements on derivatives that qualify for hedge accounting are recorded in net interest income in the Consolidated Statements of Operations. Net cash settlements on derivatives that do not qualify for hedge accounting are reported in non-interest income (mortgage banking related derivatives) or net interest income (interest rate swap agreements) in the Consolidated Statements of Operations. Cash flows on hedges are classified in the cash flow statement the same as the cash flows of the items being hedged. We formally document the relationship between derivatives and hedged items, as well as the risk-management objective and the strategy for undertaking hedge transactions, at the inception of the hedging relationship. This documentation includes linking Fair Value or Cash Flow Hedges to specific assets and liabilities on the Consolidated Statements of Financial Condition or to specific firm commitments or forecasted transactions. We discontinue hedge accounting when it is determined that the derivative is no longer effective in offsetting changes in the fair value or cash flows of the hedged item, the derivative is settled or terminates, a hedged forecasted transaction is no longer probable, a hedged firm commitment is no longer firm, or treatment of the derivative as a hedge is no longer appropriate or intended. When hedge accounting is discontinued, subsequent changes in fair value of the derivative are recorded in earnings. When a Fair Value Hedge is discontinued, the hedged asset or liability is no longer adjusted for changes in fair value and the existing basis adjustment is amortized or accreted over the remaining life of the asset or liability. When a Cash Flow Hedge is discontinued but the hedged cash flows or forecasted transactions are still expected to occur, gains or losses that were accumulated in other comprehensive loss are amortized into earnings over the same periods which the hedged transactions will affect earnings.
COMPREHENSIVE INCOME	COMPREHENSIVE INCOME — Comprehensive income consists of net income and unrealized gains and losses, net of tax, on securities available for sale and derivative instruments classified as cash flow hedges.
LOSS CONTINGENCIES	LOSS CONTINGENCIES — Loss contingencies, including claims and legal actions arising in the ordinary course of business, are recorded as liabilities when the likelihood of loss is probable and an amount or range of loss can be reasonably estimated.
NET INCOME PER COMMON SHARE	NET INCOME PER COMMON SHARE — Basic net income per common share is computed by dividing net income by the weighted average number of common shares outstanding during the period and participating share awards. All outstanding unvested share-based payment awards that contain rights to nonforfeitable dividends are considered participating securities for this calculation. For diluted net income per common share, net income is divided by the weighted average number of common shares outstanding during the period plus the assumed exercise of stock options, performance share units and stock units for a deferred compensation plan for non-employee directors.
SHARE BASED COMPENSATION	SHARE BASED COMPENSATION — Cost is recognized for non-vested share awards issued to employees based on the fair value of these awards at the date of grant. A simulation analysis which considers potential outcomes for a large number of independent scenarios is utilized to estimate the fair value of performance share units and the market price of our common stock at the date of grant is used for other non-vested share awards. Cost is recognized over the required service period, generally defined as the vesting period. Forfeitures are recognized as they occur. Cost is also recognized for stock issued to non-employee directors. These shares vest immediately and cost is recognized during the period they are issued.
COMMON STOCK	COMMON STOCK — At December 31, 2025, 0.1 million shares of common stock were reserved for issuance under the dividend reinvestment plan, 0.4 million shares of common stock were reserved for issuance under our long-term incentive plan and 0.05 million shares of common stock were reserved for issuance under our non-employee director stock purchase plan.
FAIR VALUE OF FINANCIAL INSTRUMENTS	FAIR VALUE OF FINANCIAL INSTRUMENTS — Fair values of financial instruments are estimated using relevant market information and other assumptions, as more fully disclosed in notes #21 and #22. Fair value estimates involve uncertainties and matters of significant judgment regarding interest rates, credit risk, prepayments, and other factors, especially in the absence of broad markets for particular items. Changes in assumptions or in market conditions could significantly affect these estimates.
RECLASSIFICATION	RECLASSIFICATION — Certain amounts in the 2024 and 2023 consolidated financial statements have been reclassified to conform to the 2025 presentation. Reclassifications had no effect on prior year net income or total shareholders' equity.
ADOPTION OF NEW ACCOUNTING STANDARDS	ADOPTION OF NEW ACCOUNTING STANDARDS — In December, 2023, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2023-09, "Income Taxes (Topic 740): Improvements to Income Tax Disclosures". This ASU modifies the rules on income tax disclosures to require entities to disclose (1) specific categories in the rate reconciliation, (2) the income or loss from continuing operations before income tax expense or benefit (separated between domestic and foreign) and (3) income tax expense or benefit from continuing operations (separated by federal, state and foreign). This ASU also requires entities to disclose their income tax payments to international, federal, state and local jurisdictions, among other changes. This ASU takes effect in reporting periods beginning after December 15, 2024, with early adoption permitted. The adoption of this ASU on January 1, 2025 resulted in additional disclosures to note #13 that quantified the impact each category in the rate reconciliation had on the statutory rate. The ASU was applied on a retrospective basis and did not have a material impact on our Consolidated Financial Statements. In December, 2024, the FASB issued ASU 2024-03, "Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses". This ASU requires public business entities to disaggregate certain expense captions into specific categories in disclosures within the footnotes to the consolidated financial statements. This ASU takes effect in annual reporting periods beginning after December 15, 2026, and interim reporting periods within annual reporting periods beginning after December 15, 2027, with early adoption permitted. We do not expect the adoption of this ASU to have a material impact on our Consolidated Financial Statements. In November 2025, the FASB issued ASU 2025-08, "Financial Instruments—Credit Losses (Topic 326): Purchased Financial Assets". This ASU amends the accounting for purchased credit deteriorated (“PCD”) financial assets and non-purchased credit deteriorated ("non-PCD") financial assets under Topic 326. The amendments broaden the population of financial assets that are within the scope of the gross-up approach under Topic 326 to include purchased seasoned loans ("PSL"), which are defined as non-PCD loans that are obtained in a business combination, or non-PCD loans that (1) are obtained in an asset acquisition or upon consolidation of a variable interest entity that is not a business and (2) are acquired more than 90 days after their origination date by a transferee that was not involved in their origination. This eliminates the day-one earnings impact that previously occurred for non-PCD loans. The ASU also requires separate presentation of the initial ACL for PSLs within the ACL rollforward. This ASU is effective for fiscal years beginning after December 15, 2026, with early adoption permitted. The adoption of this ASU effective October 1, 2025 did not have a material impact on our Consolidated Financial Statements.

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Dec. 31, 2025
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

OTHER BORROWINGS - Summary of Other Borrowings (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Summary of Other Borrowings [Abstract]
Advances from the FHLB	$ 77,000	$ 45,000
Other	3	9
Total	$ 77,003	$ 45,009

INDEPENDENT BANK CORPORATION (PARENT COMPANY ONLY) FINANCIAL INFORMATION - Statements of Operations (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2025	Sep. 30, 2025	Jun. 30, 2025	Mar. 31, 2025	Dec. 31, 2024	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
OPERATING INCOME
Interest income	$ 67,425	$ 69,290	$ 66,878	$ 66,144	$ 66,978	$ 68,334	$ 66,338	$ 65,126	$ 269,737	$ 266,776	$ 239,677
OPERATING EXPENSES
Interest expense									89,722	100,528	83,348
Income tax benefit									12,750	16,256	14,609
Net Income	$ 18,572	$ 17,502	$ 16,877	$ 15,590	$ 18,461	$ 13,810	$ 18,528	$ 15,991	68,541	66,790	59,067
Parent Company
OPERATING INCOME
Dividends from subsidiary									76,500	25,000	24,000
Interest income									1,356	1,746	1,317
Other income									87	99	96
Total Operating Income									77,943	26,845	25,413
OPERATING EXPENSES
Interest expense									5,396	5,818	5,726
Administrative and other expenses									1,144	1,073	1,134
Total Operating Expenses									6,540	6,891	6,860
Income Before Income Tax and Equity in Undistributed Net Income of Subsidiaries									71,403	19,954	18,553
Income tax benefit									(1,492)	(1,112)	(1,215)
Income Before Equity in Undistributed Net Income of Subsidiaries									72,895	21,066	19,768
Equity in undistributed net income of subsidiaries									(4,354)	45,724	39,299
Net Income									$ 68,541	$ 66,790	$ 59,067

SEGMENT REPORTING - Reconciliations of Significant Segment Totals (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2025	Sep. 30, 2025	Jun. 30, 2025	Mar. 31, 2025	Dec. 31, 2024	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
INTEREST INCOME
Interest and fees on loans									$ 238,833	$ 228,585	$ 197,725
Interest on securities									25,948	31,983	36,523
Other investments									4,956	6,208	5,429
Total Interest Income	$ 67,425	$ 69,290	$ 66,878	$ 66,144	$ 66,978	$ 68,334	$ 66,338	$ 65,126	269,737	266,776	239,677
INTEREST EXPENSE
Deposits									83,498	92,694	75,075
Other borrowings and subordinated debt and debentures									6,224	7,834	8,273
Total Interest Expense									89,722	100,528	83,348
Net Interest Income	46,354	45,361	44,615	43,685	42,851	41,854	41,346	40,197	180,015	166,248	156,329
Provision for credit losses	1,923	1,991	1,500	721	2,217	1,488	19	744	6,135	4,468	6,210
Net Interest Income After Provision for Credit Losses									173,880	161,780	150,119
NON-INTEREST INCOME
Interchange income									13,860	13,992	13,996
Service charges on deposit accounts									12,022	11,870	12,361
Net gains on mortgage loans									6,780	6,579	7,436
Mortgage loan servicing, net									827	9,447	4,626
Other									12,155	14,474	12,257
Total Non-interest Income									45,644	56,362	50,676
NON-INTEREST EXPENSE
Compensation and employee benefits									85,194	84,955	78,965
Data processing									14,788	13,579	11,862
Occupancy, net									8,567	7,806	7,908
Interchange expense									4,641	4,504	4,332
Furniture, fixtures and equipment									3,467	3,762	3,756
Advertising									3,211	3,058	2,165
FDIC deposit insurance									2,824	2,870	3,005
Loan and collection									2,737	2,474	2,174
Legal and professional									2,448	2,566	2,208
Communications									1,997	2,095	2,406
Other									8,359	7,427	8,338
Total Non-interest Expense									138,233	135,096	127,119
Income Before Income Tax	20,311	21,176	20,678	19,126	22,768	17,291	23,166	19,821	81,291	83,046	73,676
Income tax expense									12,750	16,256	14,609
Net Income	18,572	$ 17,502	$ 16,877	$ 15,590	18,461	$ 13,810	$ 18,528	$ 15,991	68,541	66,790	59,067
OTHER SEGMENT DISCLOSURES
Depreciation									4,993	5,188	5,183
Amortization									487	516	547
Total assets	5,505,720				5,338,104				5,505,720	5,338,104	5,263,726
Operating Segments \| Independent Bank
INTEREST INCOME
Interest and fees on loans									238,532	228,325	197,489
Interest on securities									25,948	31,983	36,523
Other investments									4,956	6,208	5,429
Total Interest Income									269,436	266,516	239,441
INTEREST EXPENSE
Deposits									84,854	94,440	76,392
Other borrowings and subordinated debt and debentures									828	2,016	2,547
Total Interest Expense									85,682	96,456	78,939
Net Interest Income									183,754	170,060	160,502
Provision for credit losses									6,135	4,468	6,210
Net Interest Income After Provision for Credit Losses									177,619	165,592	154,292
NON-INTEREST INCOME
Interchange income									13,860	13,992	13,996
Service charges on deposit accounts									12,022	11,870	12,361
Net gains on mortgage loans									6,543	6,374	7,270
Mortgage loan servicing, net									827	9,447	4,626
Other									11,751	14,074	11,867
Total Non-interest Income									45,003	55,757	50,120
NON-INTEREST EXPENSE
Compensation and employee benefits									84,799	84,580	78,444
Data processing									14,709	13,505	11,790
Occupancy, net									8,544	7,782	7,884
Interchange expense									4,641	4,504	4,332
Furniture, fixtures and equipment									3,464	3,759	3,751
Advertising									3,202	3,049	2,156
FDIC deposit insurance									2,824	2,870	3,005
Loan and collection									2,737	2,474	2,174
Legal and professional									2,009	2,163	1,748
Communications									1,972	2,073	2,381
Other									7,559	6,674	7,537
Total Non-interest Expense									136,460	133,433	125,202
Income Before Income Tax									86,162	87,916	79,210
Income tax expense									14,195	17,334	15,842
Net Income									71,967	70,582	63,368
OTHER SEGMENT DISCLOSURES
Depreciation									4,991	5,185	5,178
Amortization									487	516	547
Total assets	5,499,615				5,328,488				5,499,615	5,328,488	5,259,523
Segment Reporting, Reconciling Item, Corporate Nonsegment
INTEREST INCOME
Interest and fees on loans									0	0	0
Interest on securities									0	0	0
Other investments									1,356	1,746	1,317
Total Interest Income									1,356	1,746	1,317
INTEREST EXPENSE
Deposits									0	0	0
Other borrowings and subordinated debt and debentures									5,396	5,818	5,726
Total Interest Expense									5,396	5,818	5,726
Net Interest Income									(4,040)	(4,072)	(4,409)
Provision for credit losses									0	0	0
Net Interest Income After Provision for Credit Losses									(4,040)	(4,072)	(4,409)
NON-INTEREST INCOME
Interchange income									0	0	0
Service charges on deposit accounts									0	0	0
Net gains on mortgage loans									0	0	0
Mortgage loan servicing, net									0	0	0
Other									1,278	1,082	927
Total Non-interest Income									1,278	1,082	927
NON-INTEREST EXPENSE
Compensation and employee benefits									545	493	609
Data processing									79	74	72
Occupancy, net									23	24	24
Interchange expense									0	0	0
Furniture, fixtures and equipment									3	3	5
Advertising									9	9	9
FDIC deposit insurance									0	0	0
Loan and collection									0	0	0
Legal and professional									439	403	460
Communications									25	22	25
Other									800	753	801
Total Non-interest Expense									1,923	1,781	2,005
Income Before Income Tax									(4,685)	(4,771)	(5,487)
Income tax expense									(1,406)	(1,057)	(1,223)
Net Income									(3,279)	(3,714)	(4,264)
OTHER SEGMENT DISCLOSURES
Depreciation									2	3	5
Amortization									0	0	0
Total assets	565,709				549,242				565,709	549,242	493,158
Eliminations
INTEREST INCOME
Interest and fees on loans									301	260	236
Interest on securities									0	0	0
Other investments									(1,356)	(1,746)	(1,317)
Total Interest Income									(1,055)	(1,486)	(1,081)
INTEREST EXPENSE
Deposits									(1,356)	(1,746)	(1,317)
Other borrowings and subordinated debt and debentures									0	0	0
Total Interest Expense									(1,356)	(1,746)	(1,317)
Net Interest Income									301	260	236
Provision for credit losses									0	0	0
Net Interest Income After Provision for Credit Losses									301	260	236
NON-INTEREST INCOME
Interchange income									0	0	0
Service charges on deposit accounts									0	0	0
Net gains on mortgage loans									237	205	166
Mortgage loan servicing, net									0	0	0
Other									(874)	(682)	(537)
Total Non-interest Income									(637)	(477)	(371)
NON-INTEREST EXPENSE
Compensation and employee benefits									(150)	(118)	(88)
Data processing									0	0	0
Occupancy, net									0	0	0
Interchange expense									0	0	0
Furniture, fixtures and equipment									0	0	0
Advertising									0	0	0
FDIC deposit insurance									0	0	0
Loan and collection									0	0	0
Legal and professional									0	0	0
Communications									0	0	0
Other									0	0	0
Total Non-interest Expense									(150)	(118)	(88)
Income Before Income Tax									(186)	(99)	(47)
Income tax expense									(39)	(21)	(10)
Net Income									(147)	(78)	(37)
OTHER SEGMENT DISCLOSURES
Depreciation									0	0	0
Amortization									0	0	0
Total assets	$ (559,604)				$ (539,626)				$ (559,604)	$ (539,626)	$ (488,955)

QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2025

Quarterly Financial Information Disclosure [Abstract]

QUARTERLY FINANCIAL DATA (UNAUDITED)

A summary of selected quarterly results of operations for the years ended December 31 follows:


	Three Months Ended
	March 31,		June 30,		September 30,		December 31,
	(In thousands, except per share amounts)
2025
Interest income	$	66,144	$	66,878	$	69,290	$	67,425
Net interest income	43,685		44,615		45,361		46,354
Provision for credit losses	721		1,500		1,991		1,923
Income before income tax	19,126		20,678		21,176		20,311
Net income	15,590		16,877		17,502		18,572

Net income per common share
Basic	0.74		0.81		0.85		0.90
Diluted	0.74		0.81		0.84		0.89

2024
Interest income	$	65,126	$	66,338	$	68,334	$	66,978
Net interest income	40,197		41,346		41,854		42,851
Provision for credit losses	744		19		1,488		2,217
Income before income tax	19,821		23,166		17,291		22,768
Net income	15,991		18,528		13,810		18,461

Net income per common share
Basic	0.77		0.89		0.66		0.88
Diluted	0.76		0.88		0.65		0.87

QUARTERLY SUMMARY (UNAUDITED)


	Reported Sales Prices of Common Shares												Cash Dividends Declared
	2025						2024
	High		Low		Close		High		Low		Close		2025		2024
First quarter	$	37.13	$	29.75	$	30.79	$	27.34	$	22.80	$	25.35	$	0.26	$	0.24
Second quarter	33.07		26.75		32.41		27.88		22.53		27.00		0.26		0.24
Third quarter	34.72		29.63		30.98		35.97		25.46		33.35		0.26		0.24
Fourth quarter	35.67		29.83		32.53		40.32		30.95		34.83		0.26		0.24

We have approximately 1,100 holders of record of our common stock. Our common stock trades on the NASDAQ Global Select Market System under the symbol “IBCP.” The prices shown above are supplied by NASDAQ and reflect the inter-dealer prices and may not include retail markups, markdowns or commissions. There may have been transactions or quotations at higher or lower prices of which we are not aware.

In addition to limitations imposed by the provisions of the Michigan Business Corporation Act (which, among other things, limits us from paying dividends to the extent we are insolvent), our ability to pay dividends is limited by our ability to obtain funds from our Bank and by regulatory capital guidelines applicable to us (see note #20).

SECURITIES - Securities - Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Debt Securities, Available-for-Sale, Unrealized Loss Position [Line Items]
Debt securities, available-for-sale, fair value, less than twelve months	$ 9,451	$ 8,700
Debt securities, available-for-sale, unrealized losses, less than twelve months	18	52
Debt securities, available-for-sale, fair value, twelve months or more	454,043	531,888
Debt securities, available-for-sale, unrealized losses, twelve months or more	51,366	62,697
Debt securities, available-for-sale, fair value, total	463,494	540,588
Debt securities, available-for-sale, unrealized losses, total	51,384	62,749
U.S. agency
Debt Securities, Available-for-Sale, Unrealized Loss Position [Line Items]
Debt securities, available-for-sale, fair value, less than twelve months	972	324
Debt securities, available-for-sale, unrealized losses, less than twelve months	1	1
Debt securities, available-for-sale, fair value, twelve months or more	6,884	7,565
Debt securities, available-for-sale, unrealized losses, twelve months or more	403	699
Debt securities, available-for-sale, fair value, total	7,856	7,889
Debt securities, available-for-sale, unrealized losses, total	404	700
U.S. agency residential mortgage-backed
Debt Securities, Available-for-Sale, Unrealized Loss Position [Line Items]
Debt securities, available-for-sale, fair value, less than twelve months	6,931	147
Debt securities, available-for-sale, unrealized losses, less than twelve months	5	0
Debt securities, available-for-sale, fair value, twelve months or more	49,103	61,219
Debt securities, available-for-sale, unrealized losses, twelve months or more	6,501	9,499
Debt securities, available-for-sale, fair value, total	56,034	61,366
Debt securities, available-for-sale, unrealized losses, total	6,506	9,499
U.S. agency commercial mortgage-backed
Debt Securities, Available-for-Sale, Unrealized Loss Position [Line Items]
Debt securities, available-for-sale, fair value, less than twelve months	0	0
Debt securities, available-for-sale, unrealized losses, less than twelve months	0	0
Debt securities, available-for-sale, fair value, twelve months or more	7,186	11,641
Debt securities, available-for-sale, unrealized losses, twelve months or more	853	1,180
Debt securities, available-for-sale, fair value, total	7,186	11,641
Debt securities, available-for-sale, unrealized losses, total	853	1,180
Private label mortgage-backed
Debt Securities, Available-for-Sale, Unrealized Loss Position [Line Items]
Debt securities, available-for-sale, fair value, less than twelve months	0	2,551
Debt securities, available-for-sale, unrealized losses, less than twelve months	0	8
Debt securities, available-for-sale, fair value, twelve months or more	39,234	66,411
Debt securities, available-for-sale, unrealized losses, twelve months or more	2,443	4,488
Debt securities, available-for-sale, fair value, total	39,234	68,962
Debt securities, available-for-sale, unrealized losses, total	2,443	4,496
Other asset backed
Debt Securities, Available-for-Sale, Unrealized Loss Position [Line Items]
Debt securities, available-for-sale, fair value, less than twelve months	1,392	3,984
Debt securities, available-for-sale, unrealized losses, less than twelve months	3	19
Debt securities, available-for-sale, fair value, twelve months or more	24,417	27,052
Debt securities, available-for-sale, unrealized losses, twelve months or more	476	715
Debt securities, available-for-sale, fair value, total	25,809	31,036
Debt securities, available-for-sale, unrealized losses, total	479	734
Obligations of states and political subdivisions
Debt Securities, Available-for-Sale, Unrealized Loss Position [Line Items]
Debt securities, available-for-sale, fair value, less than twelve months	156	221
Debt securities, available-for-sale, unrealized losses, less than twelve months	9	1
Debt securities, available-for-sale, fair value, twelve months or more	280,246	288,570
Debt securities, available-for-sale, unrealized losses, twelve months or more	38,991	42,096
Debt securities, available-for-sale, fair value, total	280,402	288,791
Debt securities, available-for-sale, unrealized losses, total	39,000	42,097
Corporate
Debt Securities, Available-for-Sale, Unrealized Loss Position [Line Items]
Debt securities, available-for-sale, fair value, less than twelve months	0	1,473
Debt securities, available-for-sale, unrealized losses, less than twelve months	0	23
Debt securities, available-for-sale, fair value, twelve months or more	45,986	68,448
Debt securities, available-for-sale, unrealized losses, twelve months or more	1,696	4,016
Debt securities, available-for-sale, fair value, total	45,986	69,921
Debt securities, available-for-sale, unrealized losses, total	1,696	4,039
Trust preferred
Debt Securities, Available-for-Sale, Unrealized Loss Position [Line Items]
Debt securities, available-for-sale, fair value, less than twelve months	0	0
Debt securities, available-for-sale, unrealized losses, less than twelve months	0	0
Debt securities, available-for-sale, fair value, twelve months or more	987	982
Debt securities, available-for-sale, unrealized losses, twelve months or more	3	4
Debt securities, available-for-sale, fair value, total	987	982
Debt securities, available-for-sale, unrealized losses, total	$ 3	$ 4

FAIR VALUE DISCLOSURES - Fair Value Measurements (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Assets
Securities available for sale	$ 495,909	$ 559,182
Loans held for sale, carried at fair value	$ 9,031	$ 7,643	$ 12,063
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Accrued income and other assets	Accrued income and other assets
Liabilities
Derivative Liability, Statement of Financial Position [Extensible Enumeration]	Accrued expenses and other liabilities	Accrued expenses and other liabilities
U.S. agency
Assets
Securities available for sale	$ 7,917	$ 8,159
U.S. agency residential mortgage-backed
Assets
Securities available for sale	81,065	71,137
U.S. agency commercial mortgage-backed
Assets
Securities available for sale	7,186	11,641
Private label mortgage-backed
Assets
Securities available for sale	40,506	70,035
Other asset backed
Assets
Securities available for sale	30,185	38,516
Obligations of states and political subdivisions
Assets
Securities available for sale	280,402	288,791
Corporate
Assets
Securities available for sale	47,661	69,921
Trust preferred
Assets
Securities available for sale	987	982
Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets
Securities available for sale	0	0
Derivative financial instruments	0	0
Liabilities
Derivatives	0	0
Significant Other Observable Inputs (Level 2)
Assets
Securities available for sale	495,909	559,182
Derivative financial instruments	29,584	37,059
Liabilities
Derivatives	19,551	18,623
Significant Un- observable Inputs (Level 3)
Assets
Securities available for sale	0	0
Derivative financial instruments	0	0
Liabilities
Derivatives	0	0
Measured at Fair Value on a Recurring Basis
Assets
Loans held for sale, carried at fair value	9,031	7,643
Capitalized mortgage loan servicing rights	31,493	46,796
Derivative financial instruments	29,584	37,059
Liabilities
Derivatives	19,551	18,623
Measured at Fair Value on a Recurring Basis \| U.S. agency
Assets
Securities available for sale	7,917	8,159
Measured at Fair Value on a Recurring Basis \| U.S. agency residential mortgage-backed
Assets
Securities available for sale	81,065	71,137
Measured at Fair Value on a Recurring Basis \| U.S. agency commercial mortgage-backed
Assets
Securities available for sale	7,186	11,641
Measured at Fair Value on a Recurring Basis \| Private label mortgage-backed
Assets
Securities available for sale	40,506	70,035
Measured at Fair Value on a Recurring Basis \| Other asset backed
Assets
Securities available for sale	30,185	38,516
Measured at Fair Value on a Recurring Basis \| Obligations of states and political subdivisions
Assets
Securities available for sale	280,402	288,791
Measured at Fair Value on a Recurring Basis \| Corporate
Assets
Securities available for sale	47,661	69,921
Measured at Fair Value on a Recurring Basis \| Trust preferred
Assets
Securities available for sale	987	982
Measured at Fair Value on a Recurring Basis \| Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets
Loans held for sale, carried at fair value	0	0
Capitalized mortgage loan servicing rights	0	0
Derivative financial instruments	0	0
Liabilities
Derivatives	0	0
Measured at Fair Value on a Recurring Basis \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| U.S. agency
Assets
Securities available for sale	0	0
Measured at Fair Value on a Recurring Basis \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| U.S. agency residential mortgage-backed
Assets
Securities available for sale	0	0
Measured at Fair Value on a Recurring Basis \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| U.S. agency commercial mortgage-backed
Assets
Securities available for sale	0	0
Measured at Fair Value on a Recurring Basis \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Private label mortgage-backed
Assets
Securities available for sale	0	0
Measured at Fair Value on a Recurring Basis \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Other asset backed
Assets
Securities available for sale	0	0
Measured at Fair Value on a Recurring Basis \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Obligations of states and political subdivisions
Assets
Securities available for sale	0	0
Measured at Fair Value on a Recurring Basis \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Corporate
Assets
Securities available for sale	0	0
Measured at Fair Value on a Recurring Basis \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Trust preferred
Assets
Securities available for sale	0	0
Measured at Fair Value on a Recurring Basis \| Significant Other Observable Inputs (Level 2)
Assets
Loans held for sale, carried at fair value	9,031	7,643
Capitalized mortgage loan servicing rights	0	0
Derivative financial instruments	29,584	37,059
Liabilities
Derivatives	19,551	18,623
Measured at Fair Value on a Recurring Basis \| Significant Other Observable Inputs (Level 2) \| U.S. agency
Assets
Securities available for sale	7,917	8,159
Measured at Fair Value on a Recurring Basis \| Significant Other Observable Inputs (Level 2) \| U.S. agency residential mortgage-backed
Assets
Securities available for sale	81,065	71,137
Measured at Fair Value on a Recurring Basis \| Significant Other Observable Inputs (Level 2) \| U.S. agency commercial mortgage-backed
Assets
Securities available for sale	7,186	11,641
Measured at Fair Value on a Recurring Basis \| Significant Other Observable Inputs (Level 2) \| Private label mortgage-backed
Assets
Securities available for sale	40,506	70,035
Measured at Fair Value on a Recurring Basis \| Significant Other Observable Inputs (Level 2) \| Other asset backed
Assets
Securities available for sale	30,185	38,516
Measured at Fair Value on a Recurring Basis \| Significant Other Observable Inputs (Level 2) \| Obligations of states and political subdivisions
Assets
Securities available for sale	280,402	288,791
Measured at Fair Value on a Recurring Basis \| Significant Other Observable Inputs (Level 2) \| Corporate
Assets
Securities available for sale	47,661	69,921
Measured at Fair Value on a Recurring Basis \| Significant Other Observable Inputs (Level 2) \| Trust preferred
Assets
Securities available for sale	987	982
Measured at Fair Value on a Recurring Basis \| Significant Un- observable Inputs (Level 3)
Assets
Loans held for sale, carried at fair value	0	0
Capitalized mortgage loan servicing rights	31,493	46,796
Derivative financial instruments	0	0
Liabilities
Derivatives	0	0
Measured at Fair Value on a Recurring Basis \| Significant Un- observable Inputs (Level 3) \| U.S. agency
Assets
Securities available for sale	0	0
Measured at Fair Value on a Recurring Basis \| Significant Un- observable Inputs (Level 3) \| U.S. agency residential mortgage-backed
Assets
Securities available for sale	0	0
Measured at Fair Value on a Recurring Basis \| Significant Un- observable Inputs (Level 3) \| U.S. agency commercial mortgage-backed
Assets
Securities available for sale	0	0
Measured at Fair Value on a Recurring Basis \| Significant Un- observable Inputs (Level 3) \| Private label mortgage-backed
Assets
Securities available for sale	0	0
Measured at Fair Value on a Recurring Basis \| Significant Un- observable Inputs (Level 3) \| Other asset backed
Assets
Securities available for sale	0	0
Measured at Fair Value on a Recurring Basis \| Significant Un- observable Inputs (Level 3) \| Obligations of states and political subdivisions
Assets
Securities available for sale	0	0
Measured at Fair Value on a Recurring Basis \| Significant Un- observable Inputs (Level 3) \| Corporate
Assets
Securities available for sale	0	0
Measured at Fair Value on a Recurring Basis \| Significant Un- observable Inputs (Level 3) \| Trust preferred
Assets
Securities available for sale	0	0
Measured at Fair Value on a Non-recurring Basis: \| Collateral Dependent Loans \| Commercial \| Commercial and industrial
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	7,361	4,205
Measured at Fair Value on a Non-recurring Basis: \| Collateral Dependent Loans \| Commercial \| Commercial real estate
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	10,123	132
Measured at Fair Value on a Non-recurring Basis: \| Collateral Dependent Loans \| Mortgage \| 1-4 family owner occupied - non-jumbo
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	432	627
Measured at Fair Value on a Non-recurring Basis: \| Collateral Dependent Loans \| Mortgage \| 1-4 family non-owner occupied
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	14
Measured at Fair Value on a Non-recurring Basis: \| Collateral Dependent Loans \| Mortgage \| 1-4 family - 2nd lien
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	238	170
Measured at Fair Value on a Non-recurring Basis: \| Collateral Dependent Loans \| Mortgage \| Resort lending
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	37	92
Measured at Fair Value on a Non-recurring Basis: \| Collateral Dependent Loans \| Installment \| Boat lending
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	150	56
Measured at Fair Value on a Non-recurring Basis: \| Collateral Dependent Loans \| Installment \| Recreational vehicle lending
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	153	172
Measured at Fair Value on a Non-recurring Basis: \| Collateral Dependent Loans \| Installment \| Other
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	70	59
Measured at Fair Value on a Non-recurring Basis: \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Collateral Dependent Loans \| Commercial \| Commercial and industrial
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	0	0
Measured at Fair Value on a Non-recurring Basis: \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Collateral Dependent Loans \| Commercial \| Commercial real estate
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	0	0
Measured at Fair Value on a Non-recurring Basis: \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Collateral Dependent Loans \| Mortgage \| 1-4 family owner occupied - non-jumbo
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	0	0
Measured at Fair Value on a Non-recurring Basis: \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Collateral Dependent Loans \| Mortgage \| 1-4 family non-owner occupied
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	0
Measured at Fair Value on a Non-recurring Basis: \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Collateral Dependent Loans \| Mortgage \| 1-4 family - 2nd lien
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	0	0
Measured at Fair Value on a Non-recurring Basis: \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Collateral Dependent Loans \| Mortgage \| Resort lending
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	0	0
Measured at Fair Value on a Non-recurring Basis: \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Collateral Dependent Loans \| Installment \| Boat lending
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	0	0
Measured at Fair Value on a Non-recurring Basis: \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Collateral Dependent Loans \| Installment \| Recreational vehicle lending
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	0	0
Measured at Fair Value on a Non-recurring Basis: \| Quoted Prices in Active Markets for Identical Assets (Level 1) \| Collateral Dependent Loans \| Installment \| Other
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	0	0
Measured at Fair Value on a Non-recurring Basis: \| Significant Other Observable Inputs (Level 2) \| Collateral Dependent Loans \| Commercial \| Commercial and industrial
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	0	0
Measured at Fair Value on a Non-recurring Basis: \| Significant Other Observable Inputs (Level 2) \| Collateral Dependent Loans \| Commercial \| Commercial real estate
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	0	0
Measured at Fair Value on a Non-recurring Basis: \| Significant Other Observable Inputs (Level 2) \| Collateral Dependent Loans \| Mortgage \| 1-4 family owner occupied - non-jumbo
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	0	0
Measured at Fair Value on a Non-recurring Basis: \| Significant Other Observable Inputs (Level 2) \| Collateral Dependent Loans \| Mortgage \| 1-4 family non-owner occupied
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	0
Measured at Fair Value on a Non-recurring Basis: \| Significant Other Observable Inputs (Level 2) \| Collateral Dependent Loans \| Mortgage \| 1-4 family - 2nd lien
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	0	0
Measured at Fair Value on a Non-recurring Basis: \| Significant Other Observable Inputs (Level 2) \| Collateral Dependent Loans \| Mortgage \| Resort lending
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	0	0
Measured at Fair Value on a Non-recurring Basis: \| Significant Other Observable Inputs (Level 2) \| Collateral Dependent Loans \| Installment \| Boat lending
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	0	0
Measured at Fair Value on a Non-recurring Basis: \| Significant Other Observable Inputs (Level 2) \| Collateral Dependent Loans \| Installment \| Recreational vehicle lending
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	0	0
Measured at Fair Value on a Non-recurring Basis: \| Significant Other Observable Inputs (Level 2) \| Collateral Dependent Loans \| Installment \| Other
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	0	0
Measured at Fair Value on a Non-recurring Basis: \| Significant Un- observable Inputs (Level 3) \| Collateral Dependent Loans \| Commercial \| Commercial and industrial
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	7,361	4,205
Measured at Fair Value on a Non-recurring Basis: \| Significant Un- observable Inputs (Level 3) \| Collateral Dependent Loans \| Commercial \| Commercial real estate
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	10,123	132
Measured at Fair Value on a Non-recurring Basis: \| Significant Un- observable Inputs (Level 3) \| Collateral Dependent Loans \| Mortgage \| 1-4 family owner occupied - non-jumbo
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	432	627
Measured at Fair Value on a Non-recurring Basis: \| Significant Un- observable Inputs (Level 3) \| Collateral Dependent Loans \| Mortgage \| 1-4 family non-owner occupied
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	14
Measured at Fair Value on a Non-recurring Basis: \| Significant Un- observable Inputs (Level 3) \| Collateral Dependent Loans \| Mortgage \| 1-4 family - 2nd lien
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	238	170
Measured at Fair Value on a Non-recurring Basis: \| Significant Un- observable Inputs (Level 3) \| Collateral Dependent Loans \| Mortgage \| Resort lending
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	37	92
Measured at Fair Value on a Non-recurring Basis: \| Significant Un- observable Inputs (Level 3) \| Collateral Dependent Loans \| Installment \| Boat lending
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	150	56
Measured at Fair Value on a Non-recurring Basis: \| Significant Un- observable Inputs (Level 3) \| Collateral Dependent Loans \| Installment \| Recreational vehicle lending
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	153	172
Measured at Fair Value on a Non-recurring Basis: \| Significant Un- observable Inputs (Level 3) \| Collateral Dependent Loans \| Installment \| Other
Collateral Dependent Loans [Abstract]
Loans receivable, fair value disclosure	$ 70	$ 59

ACCOUNTING POLICIES	12 Months Ended
ACCOUNTING POLICIES	Dec. 31, 2025
Accounting Policies [Abstract]
ACCOUNTING POLICIES	ACCOUNTING POLICIES The accounting and reporting policies and practices of Independent Bank Corporation and subsidiaries (‘‘IBCP’’) conform to accounting principles generally accepted in the United States of America and prevailing practices within the banking industry. Our critical accounting policies include the determination of the allowance for credit losses and the valuation of capitalized mortgage loan servicing rights. We are required to make material estimates and assumptions that are particularly susceptible to changes in the near term as we prepare the consolidated financial statements and report amounts for each of these items. Actual results may vary from these estimates. Our subsidiary, Independent Bank (‘‘Bank’’), transacts business in the single industry of commercial banking. Our Bank’s activities cover traditional phases of commercial banking, including checking and savings accounts, commercial lending, direct and indirect consumer financing and mortgage lending. Our principal markets are the rural and suburban communities across Lower Michigan that are served by our Bank’s branches and loan production offices as well as one loan production facility in Ohio. At December 31, 2025, 44.3% of our Bank’s loan portfolio was secured by real estate. PRINCIPLES OF CONSOLIDATION — The consolidated financial statements include the accounts of Independent Bank Corporation and its subsidiaries. The income, expenses, assets and liabilities of the subsidiaries are included in the respective accounts of the consolidated financial statements, after elimination of all intercompany accounts and transactions. SUBSEQUENT EVENTS — We have evaluated subsequent events for recognition and disclosure through March 6, 2026, which is the date the consolidated financial statements were available to be issued. USE OF ESTIMATES — To prepare consolidated financial statements in conformity with accounting principles generally accepted in the United States of America management makes estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the consolidated financial statements and the disclosures provided, and actual results could differ. STATEMENTS OF CASH FLOWS — For purposes of reporting cash flows, cash and cash equivalents include cash on hand, amounts due from banks, interest bearing deposits and federal funds sold. Generally, federal funds are sold for one-day periods. We report net cash flows for customer loan and deposit transactions and for short-term borrowings classified as other borrowings. INTEREST BEARING DEPOSITS — Interest bearing deposits consist of overnight deposits with the Federal Reserve Bank. LOANS HELD FOR SALE — Mortgage loans originated and intended for sale in the secondary market are carried at fair value. Fair value adjustments, as well as realized gains and losses, are recorded in current earnings. OPERATING SEGMENTS — While chief decision-makers monitor the revenue streams of our various products and services, operations are managed and financial performance is evaluated as one single unit. Discrete financial information is not available other than on a consolidated basis for material lines of business. CAPITALIZED MORTGAGE LOAN SERVICING RIGHTS — We account for our capitalized mortgage loan servicing rights under the fair value method of accounting. We recognize as separate assets the rights to service mortgage loans for others. The fair value of capitalized mortgage loan servicing rights has been determined based upon fair value indications for similar servicing. Under the fair value method we measure capitalized mortgage loan servicing rights at fair value at each reporting date and report changes in fair value of capitalized mortgage loan servicing rights in earnings in the period in which the changes occur and are included in mortgage loan servicing, net in the Consolidated Statements of Operations. The fair value of capitalized mortgage loan servicing rights are subject to significant fluctuations as a result of changes in estimated and actual prepayment speeds and default rates and losses. Mortgage loan servicing income is recorded for fees earned for servicing loans previously sold. The fees are generally based on a contractual percentage of the outstanding principal and are recorded as income when earned. Mortgage loan servicing fees, excluding fair value changes of capitalized mortgage loan servicing rights, totaled $6.8 million, $8.9 million and $8.8 million for the years ended December 31, 2025, 2024 and 2023, respectively. Late fees and ancillary fees related to loan servicing are not material. TRANSFERS OF FINANCIAL ASSETS — Transfers of financial assets are accounted for as sales when control over the assets has been relinquished. Control over transferred assets is deemed to be surrendered when the assets have been isolated from us, the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and we do not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity. SECURITIES — We classify our securities as equity, trading, held to maturity ("HTM") or available for sale ("AFS"). Equity securities are investments in certain equity stocks and are reported at fair value with realized and unrealized gains and losses included in earnings. Trading securities are bought and held principally for the purpose of selling them in the near term and are reported at fair value with realized and unrealized gains and losses included in earnings. Securities HTM represent those securities for which we have the positive intent and ability to hold until maturity and are reported at cost, adjusted for amortization of premiums and accretion of discounts computed on the level-yield method. We did not have any equity securities or trading securities at December 31, 2025 and 2024. Securities AFS represent those securities not classified as equity, trading or HTM and are reported at fair value with unrealized gains and losses, net of applicable income taxes reported in other comprehensive income. Securities AFS in unrealized loss positions are evaluated quarterly for impairment related to credit losses. For securities AFS in an unrealized loss position, we first assess whether we intend to sell, or it is more likely than not that we will be required to sell the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is written down to fair value through earnings. No securities AFS met these two criteria during the periods presented. For securities AFS that do not meet this criteria, we evaluate whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, we consider the extent to which fair value is less than amortized cost, adverse conditions specifically related to the security and the issuer and the impact of changes in market interest rates on the market value of the security, among other factors. If this assessment indicates that a credit loss exists, we compare the present value of cash flows expected to be collected from the security with the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis for the security, a credit loss exists and an allowance for credit losses ("ACL") is recorded, limited to the amount that the fair value of the security is less than its amortized cost basis. Any impairment that has not been recorded through an ACL is recognized in other comprehensive income, net of applicable taxes. The ACL on securities HTM is a contra asset valuation account that is deducted from the carrying amount of securities HTM to present the net amount expected to be collected. Securities HTM are charged off against the ACL when deemed uncollectible. Adjustments to the ACL are reported in our Consolidated Statements of Operations in provision for credit losses. We measure expected credit losses on securities HTM on a collective basis by major security type with each type sharing similar risk characteristics, and we consider historical credit loss information. Accrued interest receivable on securities HTM is excluded from the estimate of credit losses and is included in accrued income and other assets in the Consolidated Statements of Financial Condition. With regard to U.S. Government-sponsored agency and mortgage-backed securities (residential and commercial), all these securities are issued by a U.S. government-sponsored entity and have an implicit or explicit government guarantee; therefore, no allowance for credit losses has been recorded for these securities. With regard to obligations of states and political subdivisions, private label-mortgage-backed, corporate and trust preferred securities HTM, we consider (1) issuer bond ratings, (2) long-term historical loss rates for given bond ratings, (3) the financial condition of the issuer, and (4) whether issuers continue to make timely principal and interest payments under the contractual terms of the securities. Gains and losses realized on the sale of securities available for sale are determined using the specific identification method and are recognized on a trade-date basis. FEDERAL HOME LOAN BANK (‘‘FHLB’’) STOCK — Our Bank subsidiary is a member of the FHLB system. Members are required to own a certain amount of stock based on the level of borrowings and other factors, and may invest in additional amounts. FHLB stock is carried at cost, classified as a restricted security, and periodically evaluated for impairment based on ultimate recovery of par value. Both cash and stock dividends are reported as income in interest income-other investments on the Consolidated Statements of Operations. FEDERAL RESERVE BANK (‘‘FRB’’) STOCK — Our Bank subsidiary is a member of its regional Federal Reserve Bank. FRB stock is carried at cost, classified as a restricted security, and periodically evaluated for impairment based on ultimate recovery of par value. Both cash and stock dividends are reported as income in interest income-other investments on the Consolidated Statements of Operations. LOAN REVENUE RECOGNITION — Interest on loans is accrued based on the principal amounts outstanding. In general, the accrual of interest income is discontinued when a loan becomes 90 days past due for commercial loans and installment loans and when a loan misses four consecutive payments for mortgage loans and the borrower’s capacity to repay the loan and collateral values appear insufficient for each loan class. However, loans may be placed on non-accrual status regardless of whether or not such loans are considered past due if, in management’s opinion, the borrower is unable to meet payment obligations as they become due or as required by regulatory provisions. All interest accrued but not received for all loans placed on non-accrual is reversed from interest income. Payments on such loans are generally applied to the principal balance until qualifying to be returned to accrual status. A non-accrual loan may be restored to accrual status when interest and principal payments are current and the loan appears otherwise collectible. Delinquency status for all classes in the commercial and installment loan portfolio segments is based on the actual number of days past due as required by the contractual terms of the loan agreement while delinquency status for mortgage loan portfolio segment classes is based on the number of payments past due. Certain loan fees and direct loan origination costs are deferred and recognized as an adjustment of yield generally over the contractual life of the related loan. Fees received in connection with loan commitments are deferred until the loan is advanced and are then recognized generally over the contractual life of the loan as an adjustment of yield. Fees on commitments that expire unused are recognized at expiration. Fees received for letters of credit are recognized as revenue over the life of the commitment. ALLOWANCE FOR CREDIT LOSSES — Our loan portfolio is disaggregated into segments for purposes of determining the ACL which include commercial, mortgage and installment loans. These segments are further disaggregated into classes for purposes of monitoring and assessing credit quality based on certain risk characteristics. Classes within the commercial loan segment include (i) commercial and industrial and (ii) commercial real estate. Classes within the mortgage loan segment include (i) 1-4 family owner occupied - jumbo, (ii) 1-4 family owner occupied - non-jumbo, (iii) 1-4 family non-owner occupied (iv) 1-4 family - 2nd lien and (v) resort lending. Classes within the installment loan segment include (i) boat lending, (ii) recreational vehicle lending, and (iii) other. Commercial loans are subject to adverse market conditions which may impact the borrower’s ability to make repayment on the loan or could cause a decline in the value of the collateral that secures the loan. Mortgage and installment loans are subject to adverse employment conditions in the local economy which could increase default rates. In addition, mortgage loans and real estate based installment loans are subject to adverse market conditions which could cause a decline in the value of collateral that secures the loan. For an analysis of the ACL by portfolio segment and credit quality information by class, see note #4. We estimate the ACL based on relevant available information from both internal and external sources, including historical loss trends, current conditions and forecasts, specific analysis of individual loans, and other relevant and appropriate factors. The ACL process is designed to provide for expected future losses based on our reasonable and supportable (“R&S”) forecast as of the reporting date. Our ACL process is administered by our Risk Management group utilizing a third party software solution, with significant input and ultimate approval from our Executive Enterprise Risk Committee. Further, we have established a current expected credit loss (“CECL”) Forecast Committee, which includes a cross discipline structure with membership from Executive Management, Risk Management, Credit Administration and Accounting, which approves ACL model assumptions each quarter. Our ACL is comprised of three principal elements: (i) specific analysis of individual loans identified during the review of the loan portfolio, (ii) pooled analysis of loans with similar risk characteristics based on historical experience, adjusted for current conditions, R&S forecasts, and expected prepayments, and (iii) additional allowances based on subjective factors, including local and general economic business factors and trends, portfolio concentrations and changes in the size and/or the general terms of the loan portfolio. The first ACL element (specific allocations) includes loans that do not share similar risk characteristics and are evaluated on an individual basis. We will typically evaluate on an individual basis loans that are on nonaccrual; commercial loans that have been modified resulting in a concession, for which the borrower is experiencing financial difficulties, and which are considered loan modifications or with well defined weaknesses; and severely delinquent mortgage and installment loans. When we determine that foreclosure is probable or when repayment is expected to be provided substantially through the operation or sale of underlying collateral, expected credit losses are based on the fair value of the collateral at the reporting date, adjusted for estimated selling costs. For loans evaluated on an individual basis that are not determined to be collateral dependent, a discounted cash flow analysis is performed to determine expected credit losses. The second ACL element (pooled analysis) includes loans with similar risk characteristics, which are broken down by segment, class, and risk metric. The Bank’s primary segments of commercial, mortgage, and installment loans are further classified by other relevant attributes, such as collateral type, lien position, occupancy status, amortization method, and balance size. Commercial classes are additionally segmented by risk rating, and mortgage and installment loan classes by credit score tier, which are updated at least semi-annually. We utilize a discounted cash flow (“DCF”) model to estimate expected future losses for pooled loans. Expected future cash flows are developed from payment schedules over the contractual term, adjusted for forecasted default (probability of default), loss, and prepayment assumptions. We are not required to develop forecasts over the full contractual term of the financial asset or group of financial assets. Rather, for periods beyond which we are able to make or obtain R&S forecasts of expected credit losses, we revert to the long term average on a straight line or immediate basis, as determined by our CECL Forecast Committee, and which may vary depending on the economic outlook and uncertainty. The DCF model for the mortgage and installment pooled loan segments includes using probability of default (“PD”) assumptions that are derived through regression analysis with forecasted US unemployment levels by credit score tier. We review a composite forecast of approximately 50 analysts as well as the Federal Open Market Committee (“FOMC”) projections in setting the unemployment forecast for the R&S period. The current ACL utilizes a one year R&S forecast followed by immediate reversion to the 75 year average unemployment rate. PD assumptions for the remaining segments are based primarily on historical rates by risk metric as defaults were not strongly correlated with any economic indicator. Loss given default (“LGD”) assumptions for the mortgage loan segment are based on a two year forecast followed by a two year straight line reversion period to the longer term average, while LGD rates for the remaining segments are the historical average for the entire period. Prepayment assumptions represent average rates per segment for a period determined by the CECL Forecast Committee and as calculated through the Bank’s Asset and Liability Management program. Pooled reserves for the commercial loan segment are calculated using the DCF model with assumptions generally based on historical averages by class and risk rating. Effective risk rating practices allow for strong predictability of defaults and losses over the portfolio’s expected shorter duration, relative to mortgage and installment loans. Our rating system is similar to those employed by state and federal banking regulators. The third ACL element (additional allocations based on subjective factors) is based on factors that cannot be associated with a specific credit or loan category and reflects our attempt to ensure that the overall ACL appropriately reflects a margin for the imprecision necessarily inherent in the estimates of expected credit losses. We adjust our quantitative model for certain qualitative factors to reflect the extent to which management expects current conditions and R&S forecasts to differ from the conditions that existed for the period over which historical information was evaluated. The qualitative framework reflects changes related to relevant data, such as changes in asset quality trends, portfolio growth and composition, national and local economic factors, credit policy and administration and other factors not considered in the base quantitative model. We utilize a survey completed by business unit management throughout the Bank, as well as discussion with the CECL Forecast Committee to establish reserves under the qualitative framework. Increases in the ACL are recorded by a provision for credit losses charged to expense. Although we periodically allocate portions of the ACL to specific loans and loan portfolios, the entire ACL is available for losses. We generally charge-off commercial, homogenous residential mortgage and installment loans when they are deemed uncollectible or reach a predetermined number of days past due based on loan product, industry practice and other factors. Collection efforts may continue and recoveries may occur after a loan is charged against the ACL. While we use relevant information to recognize losses on loans, additional provisions for related losses may be necessary based on changes in economic conditions, customer circumstances and other credit risk factors. PROPERTY AND EQUIPMENT — Property and equipment is stated at cost less accumulated depreciation and amortization. Depreciation and amortization is computed using the straight-line method over the estimated useful lives of the related assets. Buildings are generally depreciated over a period not exceeding 39 years and equipment is generally depreciated over periods not exceeding 7 years. Leasehold improvements are depreciated over the shorter of their estimated useful life or lease period. LEASES — Leases are classified as operating or finance leases at the lease commencement date. We lease certain locations and equipment. We record leases on the balance sheet in the form of a lease liability for the present value of future lease payments under the lease terms and a right-of-use asset equal to the lease liability adjusted for items such as deferred or prepaid rent, lease incentives, and any impairment of the right-of-use asset. The discount rate used in determining the lease liability is based upon incremental borrowing rates we could obtain for similar loans as of the date of commencement or renewal. We do not record short term leases with an initial lease term of one year or less on the Consolidated Statements of Financial Condition. At lease inception, we determine the lease term by considering the noncancelable lease term and all optional renewal periods that we are reasonably certain to renew. The lease term is also used to calculate straight-line lease expense. Leasehold improvements are amortized over the shorter of the useful life and the estimated lease term. Our leases do not contain residual value guarantees or material variable lease payments. Operating lease expense consists of a single lease cost allocated over the remaining lease term on a straight-line basis, variable lease expense, and any impairment of the right-of-use asset. Lease expense is included in occupancy, net in the Consolidated Statements of Operations. BANK OWNED LIFE INSURANCE — We have purchased a group flexible premium non-participating variable life insurance contract on approximately 250 lives (who were salaried employees at the time we purchased the contract) in order to recover the cost of providing certain employee benefits. Bank owned life insurance is recorded at its cash surrender value or the amount that can be currently realized. OTHER REAL ESTATE AND REPOSSESSED ASSETS — Other real estate at the time of acquisition is recorded at fair value, less estimated costs to sell, which becomes the property’s new basis. Fair value is typically determined by a third party appraisal of the property. Any write-downs at date of acquisition are charged to the ACL. Expense incurred in maintaining other real estate and subsequent write-downs to reflect declines in value and gains or losses on the sale of other real estate are recorded in non-interest expense in the Consolidated Statements of Operations. Non-real estate repossessed assets are treated in a similar manner. OTHER INTANGIBLES — Other intangible assets consist of core deposits. They are initially measured at fair value and then are amortized on both straight-line and accelerated methods over their estimated useful lives, which range from 10 to 15 years. GOODWILL — Goodwill arises from business combinations and is generally determined as the excess of the fair value of the consideration transferred over the fair value of the net assets acquired and liabilities assumed as of the acquisition date. Goodwill acquired in a purchase business combination and determined to have an indefinite useful life is not amortized, but tested for impairment at least annually or more frequently if events and circumstances exists that indicate that a goodwill impairment test should be performed. We have selected December 31 as the date to perform the annual impairment test. Goodwill is the only intangible asset with an indefinite life on our Consolidated Statements of Financial Condition. INCOME TAXES — We employ the asset and liability method of accounting for income taxes. This method establishes deferred tax assets and liabilities for the temporary differences between the financial reporting basis and the tax basis of our assets and liabilities at tax rates expected to be in effect when such amounts are realized or settled. Under this method, the effect of a change in tax rates is recognized in the period that includes the enactment date. The deferred tax asset is subject to a valuation allowance for that portion of the asset for which it is more likely than not that it will not be realized. A tax position is recognized as a benefit only if it is ‘‘more likely than not’’ that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. We recognize interest and/or penalties related to income tax matters in income tax expense in the Consolidated Statements of Operations. We file a consolidated federal income tax return. Intercompany tax liabilities are settled as if each subsidiary filed a separate return. COMMITMENTS TO EXTEND CREDIT AND RELATED FINANCIAL INSTRUMENTS — Financial instruments may include commitments to extend credit and standby letters of credit. Financial instruments involve varying degrees of credit and interest-rate risk in excess of amounts reflected in the Consolidated Statements of Financial Condition. Exposure to credit risk in the event of non-performance by the counterparties to the financial instruments for loan commitments to extend credit and letters of credit is represented by the contractual amounts of those instruments. In general, we use a similar methodology to estimate our liability for these off-balance sheet credit exposures as we do for our ACL. For commercial related commitments, we estimate liability using our loan rating system and for mortgage and installment commitments we estimate liability principally upon historical loss experience. Our estimated liability for off balance sheet commitments is included in accrued expenses and other liabilities in our Consolidated Statements of Financial Condition and any charge or recovery is recorded in the provision for credit losses (beginning in the fourth quarter of 2025) and non-interest expense – costs related to unfunded lending commitments in our Consolidated Statements of Operations (prior to the fourth quarter of 2025). DERIVATIVE FINANCIAL INSTRUMENTS — We record derivatives on our Consolidated Statements of Financial Condition as assets and liabilities measured at their fair value. The accounting for increases and decreases in the value of derivatives depends upon the use of derivatives and whether the derivatives qualify for hedge accounting. At the inception of the derivative we designate the derivative as one of three types based on our intention and belief as to likely effectiveness as a hedge. These three types are (1) a hedge of the fair value of a recognized asset or liability or of an unrecognized firm commitment (‘‘Fair Value Hedge’’), (2) a hedge of a forecasted transaction or the variability of cash flows to be received or paid related to a recognized asset or liability (‘‘Cash Flow Hedge’’), or (3) an instrument with no hedging designation. For a Fair Value Hedge, the gain or loss on the derivative, as well as the offsetting loss or gain on the hedged item, are recognized in interest income in our Consolidated Statements of Operations. For a Cash Flow Hedge, the gain or loss on the derivative is reported in other comprehensive income and is reclassified into earnings in the same periods during which the hedged transaction affects earnings. For instruments with no hedging designation, the gain or loss on the derivative is reported in earnings. These free standing instruments primarily consist of (i) mortgage banking related derivatives and include rate-lock loan commitments to fund mortgage loans (interest rate locks) to be sold into the secondary market and mandatory forward commitments for the future delivery of these mortgage loans and (ii) certain pay-fixed and pay-variable interest rate swap agreements related to commercial loan customers. The fair value of rate-lock mortgage loan commitments is based on agency cash window loan pricing for comparable assets and the fair value of mandatory commitments to sell mortgage loans is based on mortgage backed security pricing for comparable assets. We enter into mandatory forward commitments for the future delivery of mortgage loans generally when interest rate locks are entered into in order to hedge the change in interest rates resulting from our commitments to fund the loans. Changes in the fair values of these derivatives are included in net gains on mortgage loans in the Consolidated Statements of Operations. Fair values of the pay-fixed and pay-variable interest rate swap agreements are derived from proprietary models which utilize current market data and are included in net interest income in the Consolidated Statements of Operations. Net cash settlements on derivatives that qualify for hedge accounting are recorded in net interest income in the Consolidated Statements of Operations. Net cash settlements on derivatives that do not qualify for hedge accounting are reported in non-interest income (mortgage banking related derivatives) or net interest income (interest rate swap agreements) in the Consolidated Statements of Operations. Cash flows on hedges are classified in the cash flow statement the same as the cash flows of the items being hedged. We formally document the relationship between derivatives and hedged items, as well as the risk-management objective and the strategy for undertaking hedge transactions, at the inception of the hedging relationship. This documentation includes linking Fair Value or Cash Flow Hedges to specific assets and liabilities on the Consolidated Statements of Financial Condition or to specific firm commitments or forecasted transactions. We discontinue hedge accounting when it is determined that the derivative is no longer effective in offsetting changes in the fair value or cash flows of the hedged item, the derivative is settled or terminates, a hedged forecasted transaction is no longer probable, a hedged firm commitment is no longer firm, or treatment of the derivative as a hedge is no longer appropriate or intended. When hedge accounting is discontinued, subsequent changes in fair value of the derivative are recorded in earnings. When a Fair Value Hedge is discontinued, the hedged asset or liability is no longer adjusted for changes in fair value and the existing basis adjustment is amortized or accreted over the remaining life of the asset or liability. When a Cash Flow Hedge is discontinued but the hedged cash flows or forecasted transactions are still expected to occur, gains or losses that were accumulated in other comprehensive loss are amortized into earnings over the same periods which the hedged transactions will affect earnings. COMPREHENSIVE INCOME — Comprehensive income consists of net income and unrealized gains and losses, net of tax, on securities available for sale and derivative instruments classified as cash flow hedges. LOSS CONTINGENCIES — Loss contingencies, including claims and legal actions arising in the ordinary course of business, are recorded as liabilities when the likelihood of loss is probable and an amount or range of loss can be reasonably estimated. NET INCOME PER COMMON SHARE — Basic net income per common share is computed by dividing net income by the weighted average number of common shares outstanding during the period and participating share awards. All outstanding unvested share-based payment awards that contain rights to nonforfeitable dividends are considered participating securities for this calculation. For diluted net income per common share, net income is divided by the weighted average number of common shares outstanding during the period plus the assumed exercise of stock options, performance share units and stock units for a deferred compensation plan for non-employee directors. SHARE BASED COMPENSATION — Cost is recognized for non-vested share awards issued to employees based on the fair value of these awards at the date of grant. A simulation analysis which considers potential outcomes for a large number of independent scenarios is utilized to estimate the fair value of performance share units and the market price of our common stock at the date of grant is used for other non-vested share awards. Cost is recognized over the required service period, generally defined as the vesting period. Forfeitures are recognized as they occur. Cost is also recognized for stock issued to non-employee directors. These shares vest immediately and cost is recognized during the period they are issued. COMMON STOCK — At December 31, 2025, 0.1 million shares of common stock were reserved for issuance under the dividend reinvestment plan, 0.4 million shares of common stock were reserved for issuance under our long-term incentive plan and 0.05 million shares of common stock were reserved for issuance under our non-employee director stock purchase plan. FAIR VALUE OF FINANCIAL INSTRUMENTS — Fair values of financial instruments are estimated using relevant market information and other assumptions, as more fully disclosed in notes #21 and #22. Fair value estimates involve uncertainties and matters of significant judgment regarding interest rates, credit risk, prepayments, and other factors, especially in the absence of broad markets for particular items. Changes in assumptions or in market conditions could significantly affect these estimates. RECLASSIFICATION — Certain amounts in the 2024 and 2023 consolidated financial statements have been reclassified to conform to the 2025 presentation. Reclassifications had no effect on prior year net income or total shareholders' equity. ADOPTION OF NEW ACCOUNTING STANDARDS — In December, 2023, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2023-09, "Income Taxes (Topic 740): Improvements to Income Tax Disclosures". This ASU modifies the rules on income tax disclosures to require entities to disclose (1) specific categories in the rate reconciliation, (2) the income or loss from continuing operations before income tax expense or benefit (separated between domestic and foreign) and (3) income tax expense or benefit from continuing operations (separated by federal, state and foreign). This ASU also requires entities to disclose their income tax payments to international, federal, state and local jurisdictions, among other changes. This ASU takes effect in reporting periods beginning after December 15, 2024, with early adoption permitted. The adoption of this ASU on January 1, 2025 resulted in additional disclosures to note #13 that quantified the impact each category in the rate reconciliation had on the statutory rate. The ASU was applied on a retrospective basis and did not have a material impact on our Consolidated Financial Statements. In December, 2024, the FASB issued ASU 2024-03, "Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses". This ASU requires public business entities to disaggregate certain expense captions into specific categories in disclosures within the footnotes to the consolidated financial statements. This ASU takes effect in annual reporting periods beginning after December 15, 2026, and interim reporting periods within annual reporting periods beginning after December 15, 2027, with early adoption permitted. We do not expect the adoption of this ASU to have a material impact on our Consolidated Financial Statements. In November 2025, the FASB issued ASU 2025-08, "Financial Instruments—Credit Losses (Topic 326): Purchased Financial Assets". This ASU amends the accounting for purchased credit deteriorated (“PCD”) financial assets and non-purchased credit deteriorated ("non-PCD") financial assets under Topic 326. The amendments broaden the population of financial assets that are within the scope of the gross-up approach under Topic 326 to include purchased seasoned loans ("PSL"), which are defined as non-PCD loans that are obtained in a business combination, or non-PCD loans that (1) are obtained in an asset acquisition or upon consolidation of a variable interest entity that is not a business and (2) are acquired more than 90 days after their origination date by a transferee that was not involved in their origination. This eliminates the day-one earnings impact that previously occurred for non-PCD loans. The ASU also requires separate presentation of the initial ACL for PSLs within the ACL rollforward. This ASU is effective for fiscal years beginning after December 15, 2026, with early adoption permitted. The adoption of this ASU effective October 1, 2025 did not have a material impact on our Consolidated Financial Statements.

ACCUMULATED OTHER COMPREHENSIVE LOSS

12 Months Ended

Dec. 31, 2025

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

ACCUMULATED OTHER COMPREHENSIVE LOSS

A summary of changes in accumulated other comprehensive loss (‘‘AOCL’’), net of tax during the years ended December 31 follows:


	Unrealized Losses on Securities AFS		Unrealized Losses on Securities Transferred to Securities HTM (1)		Dispropor- tionate Tax Effects from Securities AFS		Unrealized Gains (Losses) on Derivative Instruments		Total
	(In thousands)
2025
Balances at beginning of period	$	(49,301)	$	(12,775)	$	(5,798)	$	(2,070)	$	(69,944)
Other comprehensive income (loss) before reclassifications	8,754		2,519		—		(978)		10,295
Amounts reclassified from AOCL	293		—		—		1,668		1,961
Net current period other comprehensive income	9,047		2,519		—		690		12,256
Balances at end of period	$	(40,254)	$	(10,256)	$	(5,798)	$	(1,380)	$	(57,688)

2024
Balances at beginning of period	$	(51,113)	$	(15,408)	$	(5,798)	$	177	$	(72,142)
Other comprehensive income (loss) before reclassifications	1,474		2,633		—		(3,326)		781
Amounts reclassified from AOCL	338		—		—		1,079		1,417
Net current period other comprehensive income (loss)	1,812		2,633		—		(2,247)		2,198
Balances at end of period	$	(49,301)	$	(12,775)	$	(5,798)	$	(2,070)	$	(69,944)

2023
Balances at beginning of period	$	(68,742)	$	(18,223)	$	(5,798)	$	—	$	(92,763)
Other comprehensive income (loss) before reclassifications	17,454		2,815		—		(168)		20,101
Amounts reclassified from AOCL	175		—		—		345		520
Net current period other comprehensive income	17,629		2,815		—		177		20,621
Balances at end of period	$	(51,113)	$	(15,408)	$	(5,798)	$	177	$	(72,142)

(1)Represents the remaining unrealized loss to be accreted on securities that were transferred from AFS to HTM on April 1, 2022.

The disproportionate tax effects from securities AFS arose primarily due to tax effects of other comprehensive income (‘‘OCI’’) in the presence of a valuation allowance against our deferred tax assets and a pretax loss from operations. Generally, the amount of income tax expense or benefit allocated to operations is determined without regard to the tax effects of other categories of income or loss, such as OCI. However, an exception to the general rule is provided when, in the presence of a valuation allowance against deferred tax assets, there is a pretax loss from operations and pretax income from other categories in the current period. In such instances, income from other categories must offset the current loss from operations, the tax benefit of such offset being reflected in operations. Release of material disproportionate tax effects from other comprehensive income to earnings is done by the portfolio method whereby the effects will remain in AOCL as long as we carry a more than inconsequential portfolio of securities AFS.

A summary of reclassifications out of each component of AOCL for the years ended December 31 follows:


AOCL Component	Reclassified From AOCL		Affected Line Item in Consolidated Statements of Operations
	(In thousands)
2025
Unrealized losses on securities available for sale	$	(370)	Net losses on securities available for sale
	(77)		Income tax expense
	(293)		Reclassifications, net of tax

Unrealized gains (losses) on derivative instruments	(2,088)		Interest income
	23		Interest expense
	(2,111)
	(443)		Income tax expense
	(1,668)		Reclassifications, net of tax

	$	(1,961)	Total reclassifications for the period, net of tax

2024
Unrealized losses on securities available for sale	$	(428)	Net losses on securities available for sale
	(90)		Income tax expense
	(338)		Reclassifications, net of tax

Unrealized gains (losses) on derivative instruments	(1,366)		Interest income
	(287)		Income tax expense
	(1,079)		Reclassifications, net of tax

	$	(1,417)	Total reclassifications for the period, net of tax

2023
Unrealized losses on securities available for sale	$	(222)	Net losses on securities available for sale
	(47)		Income tax expense
	(175)		Reclassifications, net of tax

Unrealized gains (losses) on derivative instruments	(437)		Interest income
	(92)		Income tax expense
	(345)		Reclassifications, net of tax

	$	(520)	Total reclassifications for the period, net of tax

SECURITIES (Tables)

12 Months Ended

Dec. 31, 2025

Investments, Debt and Equity Securities [Abstract]

Debt Securities, Available-for-Sale

Securities AFS consist of the following at December 31:


	Amortized Cost		Unrealized				Fair Value
			Gains		Losses
	(In thousands)
2025
U.S. agency	$	8,320	$	1	$	404	$	7,917
U.S. agency residential mortgage-backed	87,435		136		6,506		81,065
U.S. agency commercial mortgage-backed	8,039		—		853		7,186
Private label mortgage-backed	42,689		260		2,443		40,506
Other asset backed	30,633		31		479		30,185
Obligations of states and political subdivisions	319,402		—		39,000		280,402
Corporate	49,355		2		1,696		47,661
Trust preferred	990		—		3		987
Total	$	546,863	$	430	$	51,384	$	495,909

2024
U.S. agency	$	8,858	$	1	$	700	$	8,159
U.S. agency residential mortgage-backed	80,589		47		9,499		71,137
U.S. agency commercial mortgage-backed	12,821		—		1,180		11,641
Private label mortgage-backed	74,268		263		4,496		70,035
Other asset backed	39,232		18		734		38,516
Obligations of states and political subdivisions	330,874		14		42,097		288,791
Corporate	73,960		—		4,039		69,921
Trust preferred	986		—		4		982
Total	$	621,588	$	343	$	62,749	$	559,182

Debt Securities, Held-to-Maturity

Securities HTM consist of the following at December 31:


	Carrying Value		Transferred Unrealized Loss (1)		ACL		Amortized Cost		Unrecognized				Fair Value
									Gains		Losses
	(In thousands)
2025
U.S. agency	$	22,446	$	1,220	$	—	$	23,666	$	—	$	3,833	$	19,833
U.S. agency residential mortgage-backed	92,900		7,688		—		100,588		—		19,337		81,251
U.S. agency commercial mortgage-backed	3,734		62		—		3,796		—		249		3,547
Private label mortgage-backed	7,294		80		2		7,376		—		272		7,104
Obligations of states and political subdivisions	149,915		3,717		19		153,651		36		14,278		139,409
Corporate	32,276		177		67		32,520		—		1,834		30,686
Trust preferred	958		38		4		1,000		—		—		1,000
Total	$	309,523	$	12,982	$	92	$	322,597	$	36	$	39,803	$	282,830

2024
U.S. agency	$	24,150	$	1,404	$	—	$	25,554	$	—	$	4,987	$	20,567
U.S. agency residential mortgage-backed	100,700		8,669		—		109,369		—		24,631		84,738
U.S. agency commercial mortgage-backed	4,013		107		—		4,120		—		402		3,718
Private label mortgage-backed	7,350		190		1		7,541		—		551		6,990
Obligations of states and political subdivisions	156,305		5,262		17		161,584		28		19,461		142,151
Corporate	45,964		496		111		46,571		—		3,875		42,696
Trust preferred	954		43		3		1,000		—		—		1,000
Total	$	339,436	$	16,171	$	132	$	355,739	$	28	$	53,907	$	301,860

(1)Represents the remaining unrealized loss to be accreted on securities that were transferred from AFS to HTM on April 1, 2022.

Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value

Our investments’ gross unrealized losses and fair values for securities AFS aggregated by investment type and length of time that individual securities have been at a continuous unrealized loss position, at December 31 follows:


	Less Than Twelve Months				Twelve Months or More				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
	(In thousands)
2025
U.S. agency	$	972	$	1	$	6,884	$	403	$	7,856	$	404
U.S. agency residential mortgage-backed	6,931		5		49,103		6,501		56,034		6,506
U.S. agency commercial mortgage-backed	—		—		7,186		853		7,186		853
Private label mortgage-backed	—		—		39,234		2,443		39,234		2,443
Other asset backed	1,392		3		24,417		476		25,809		479
Obligations of states and political subdivisions	156		9		280,246		38,991		280,402		39,000
Corporate	—		—		45,986		1,696		45,986		1,696
Trust preferred	—		—		987		3		987		3
Total	$	9,451	$	18	$	454,043	$	51,366	$	463,494	$	51,384

2024
U.S. agency	$	324	$	1	$	7,565	$	699	$	7,889	$	700
U.S. agency residential mortgage-backed	147		—		61,219		9,499		61,366		9,499
U.S. agency commercial mortgage-backed	—		—		11,641		1,180		11,641		1,180
Private label mortgage-backed	2,551		8		66,411		4,488		68,962		4,496
Other asset backed	3,984		19		27,052		715		31,036		734
Obligations of states and political subdivisions	221		1		288,570		42,096		288,791		42,097
Corporate	1,473		23		68,448		4,016		69,921		4,039
Trust preferred	—		—		982		4		982		4
Total	$	8,700	$	52	$	531,888	$	62,697	$	540,588	$	62,749

Debt Securities, Held-to-Maturity, Credit Quality

On a quarterly basis, we monitor the credit quality of securities HTM through the use of credit ratings. The carrying value of securities HTM at December 31, aggregated by credit quality follow:


	Private Label Mortgage- Backed		Obligations of States and Political Subdivisions		Corporate		Trust Preferred		Carrying Value Total
	(In thousands)
2025
Credit rating:
AAA	$	7,294	$	17,357	$	—	$	—	$	24,651
AA	—		116,264		—		—		116,264
A	—		2,740		3,500		—		6,240
BBB	—		441		23,814		—		24,255
BB	—		—		1,983		—		1,983
Non-rated	—		13,113		2,979		958		17,050
Total	$	7,294	$	149,915	$	32,276	$	958	$	190,443

2024
Credit rating:
AAA	$	7,350	$	34,973	$	—	$	—	$	42,323
AA	—		101,112		—		—		101,112
A	—		3,473		5,005		—		8,478
BBB	—		652		36,045		—		36,697
BB	—		—		1,963		—		1,963
Non-rated	—		16,095		2,951		954		20,000
Total	$	7,350	$	156,305	$	45,964	$	954	$	210,573

Debt Securities, Held-to-Maturity, Allowance for Credit Loss

An analysis of the ACL by security HTM type for the year ended December 31, follows:


	Private Label Mortgage- Backed		Obligations of States and Political Subdivisions		Corporate		Trust Preferred		Total
	(In thousands)
2025
Balance at beginning of period	$	1	$	17	$	111	$	3	$	132
Additions (deductions)
Provision for credit losses	1		2		(44)		1		(40)
Recoveries credited to the allowance	—		—		—		—		—
Securities HTM charged against the allowance	—		—		—		—		—
Balance at end of period	$	2	$	19	$	67	$	4	$	92

2024
Balance at beginning of period	$	4	$	33	$	116	$	4	$	157
Additions (deductions)
Provision for credit losses	(3)		(16)		(1,130)		(1)		(1,150)
Recoveries credited to the allowance	—		—		1,125		—		1,125
Securities HTM charged against the allowance	—		—		—		—		—
Balance at end of period	$	1	$	17	$	111	$	3	$	132

2023
Balance at beginning of period	$	1	$	39	$	123	$	5	$	168
Additions (deductions)
Provision for credit losses	3		(6)		2,993		(1)		2,989
Recoveries credited to the allowance	—		—		—		—		—
Securities HTM charged against the allowance	—		—		(3,000)		—		(3,000)
Balance at end of period	$	4	$	33	$	116	$	4	$	157

Investments Classified by Contractual Maturity Date

The amortized cost and fair value of securities AFS and securities HTM at December 31, 2025, by contractual maturity, follow:


	Securities AFS				Securities HTM
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
	(In thousands)
Maturing within one year	$	23,447	$	23,218	$	13,575	$	13,448
Maturing after one year but within five years	122,874		117,098		49,421		47,377
Maturing after five years but within ten years	44,713		40,445		83,561		75,354
Maturing after ten years	187,033		156,206		64,280		54,749
	378,067		336,967		210,837		190,928
U.S. agency residential mortgage-backed	87,435		81,065		100,588		81,251
U.S. agency commercial mortgage-backed	8,039		7,186		3,796		3,547
Private label mortgage-backed	42,689		40,506		7,376		7,104
Other asset backed	30,633		30,185		—		—
Total	$	546,863	$	495,909	$	322,597	$	282,830

Gains and Losses Realized on Sale of Securities Available for Sale

A summary of proceeds from the sale of securities available for sale and gains and losses for the years ended December 31 follow:


			Realized
	Proceeds		Gains		Losses
	(In thousands)
2025	$	32,193	$	44	$	414
2024	39,517		14		442
2023	278		—		222

- Definition

Tabular disclosure of information about investment in debt security measured at amortized cost (held-to-maturity).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
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-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5

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-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5

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-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5

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-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5B

+ Details

RELATED PARTY TRANSACTIONS - Narrative (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Related Party Transactions [Abstract]
Loan commitments to directors and executive officers	$ 1,340	$ 1,390
Outstanding loan commitments to directors and executive officers	100	10
Related party deposit liabilities	$ 3,400	$ 1,500

SEGMENT REPORTING - Narrative (Details) - segment	12 Months Ended
SEGMENT REPORTING - Narrative (Details) - segment	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Segment Reporting [Abstract]
Number of reportable segments	1	1	1

DEPOSITS (Tables)

12 Months Ended

Dec. 31, 2025

Deposits [Abstract]

Summary of Interest Expense on Deposits

A summary of interest expense on deposits for the years ended December 31 follows:


	2025		2024		2023
	(In thousands)
Savings and interest-bearing checking	$	25,870	$	28,047	$	24,601
Reciprocal	29,386		34,574		23,429
Time	22,741		24,135		13,766
Brokered time	5,501		5,938		13,279
Total	$	83,498	$	92,694	$	75,075

Summary of Maturity of Time Deposits

A summary of the maturity of time deposits at December 31, 2025, follows (1):


	(In thousands)
2026	$	770,122
2027	17,873
2028	2,423
2029	2,050
2030	1,256
2031 and thereafter	17
Total	$	793,741


(1)			Includes time deposits, brokered time deposits and reciprocal time deposits

Summary of Reciprocal Deposits

A summary of reciprocal deposits at December 31 follows:


	2025		2024
	(In thousands)
Demand	$	862,697	$	797,181
Money market	—		43
Time	112,224		109,807
Total	$	974,921	$	907,031

REGULATORY MATTERS

12 Months Ended

Dec. 31, 2025

Regulatory Matters [Abstract]

REGULATORY MATTERS

Capital guidelines adopted by federal and state regulatory agencies and restrictions imposed by law limit the amount of cash dividends our Bank can pay to us. Under these guidelines, the amount of dividends that may be paid in any calendar year is limited to the Bank’s current year net profits, combined with the retained net profits of the preceding two years. Further, the Bank cannot pay a dividend at any time that it has negative undivided profits. As of December 31, 2025, the

Bank had positive undivided profits of $222.6 million. It is not our intent to have dividends paid in amounts that would reduce the capital of our Bank to levels below those which we consider prudent or that would not be in accordance with guidelines of regulatory authorities.

We are also subject to various regulatory capital requirements. The prompt corrective action regulations establish quantitative measures to ensure capital adequacy and require minimum amounts and ratios of total, Tier 1, and common equity Tier 1 capital to risk-weighted assets and Tier 1 capital to average assets. Failure to meet minimum capital requirements can result in certain mandatory, and possibly discretionary, actions by regulators that could have a material effect on our consolidated financial statements. In addition, capital adequacy rules include a common equity Tier 1 capital conservation buffer of 2.5% of risk-weighted assets that applies to all supervised financial institutions. To avoid limits on capital distributions and certain discretionary bonus payments we must meet the minimum ratio for adequately capitalized institutions plus the buffer. Under capital adequacy guidelines, we must meet specific capital requirements that involve quantitative measures as well as qualitative judgments by the regulators. The most recent regulatory filings as of December 31, 2025 and 2024, categorized our Bank as well capitalized and exceeding the minimum ratio for adequately capitalized institutions plus the capital conservation buffer. Management is not aware of any conditions or events that would have changed the most recent Federal Deposit Insurance Corporation (‘‘FDIC’’) categorization.

Our actual capital amounts and ratios at December 31 follow(1):


	Actual				Minimum for Adequately Capitalized Institutions				Minimum for Well-Capitalized Institutions
	Amount		Ratio		Amount		Ratio		Amount		Ratio
	(Dollars in thousands)
2025
Total capital to risk-weighted assets
Consolidated	$	621,506	13.59	%	$	365,958	8.00	%	NA		NA
Independent Bank	570,750		12.49		365,463		8.00		$	456,829	10.00	%

Tier 1 capital to risk-weighted assets
Consolidated	$	564,180	12.33	%	$	274,468	6.00	%	NA		NA
Independent Bank	513,500		11.24		274,098		6.00		$	365,463	8.00	%

Common equity tier 1 capital to risk-weighted assets
Consolidated	$	525,540	11.49	%	$	205,851	4.50	%	NA		NA
Independent Bank	513,500		11.24		205,573		4.50		$	296,939	6.50	%

Tier 1 capital to average assets
Consolidated	$	564,180	10.27	%	$	219,663	4.00	%	NA		NA
Independent Bank	513,500		9.36		219,422		4.00		$	274,278	5.00	%

2024
Total capital to risk-weighted assets
Consolidated	$	622,444	14.22	%	$	350,113	8.00	%	NA		NA
Independent Bank	567,254		12.99		349,335		8.00		$	436,668	10.00	%

Tier 1 capital to risk-weighted assets
Consolidated	$	527,616	12.06	%	$	262,585	6.00	%	NA		NA
Independent Bank	512,546		11.74		262,001		6.00		$	349,335	8.00	%

Common equity tier 1 capital to risk-weighted assets
Consolidated	$	489,044	11.17	%	$	196,939	4.50	%	NA		NA
Independent Bank	512,546		11.74		196,501		4.50		$	283,834	6.50	%

Tier 1 capital to average assets
Consolidated	$	527,616	9.85	%	$	214,332	4.00	%	NA		NA
Independent Bank	512,546		9.58		214,112		4.00		$	267,640	5.00	%

_______________________________


(1)			These ratios do not reflect a capital conservation buffer of 2.50% at December 31, 2025 and 2024.

NA - Not applicable

The components of our regulatory capital are as follows:


	Consolidated				Independent Bank
	December 31,				December 31,
	2025		2024		2025		2024
	(In thousands)
Total shareholders’ equity	$	502,951	$	454,686	$	490,911	$	478,188
Add (deduct)
Accumulated other comprehensive loss for regulatory purposes	51,890		64,146		51,890		64,146
Goodwill and other intangibles	(29,301)		(29,788)		(29,301)		(29,788)
Common equity tier 1 capital	525,540		489,044		513,500		512,546
Qualifying trust preferred securities	38,640		38,572		—		—
Tier 1 capital	564,180		527,616		513,500		512,546
Subordinated debt	—		40,000		—		—
Allowance for credit losses and allowance for unfunded lending commitments limited to 1.25% of total risk-weighted assets	57,326		54,828		57,250		54,708
Total risk-based capital	$	621,506	$	622,444	$	570,750	$	567,254

- Definition

The entire disclosure for regulatory capital requirement for depository and lending institutions. Institutions include, but not are not limited to, finance company, insured depository institution, bank holding company, savings and loan association holding company, bank and savings institution not federally insured, mortgage company, foreign financial institution and credit union.

+ References + Details

LOANS - Amortized Cost of Collateral-dependent Loans by Class (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Collateral-dependent Loans by Class [Abstract]
Loans	$ 4,276,285	$ 4,038,825
Allowance for Credit Losses Amount	63,445	59,379	$ 54,658	$ 52,435
Accrued interest excluded from total	13,952	13,461
Real Estate
Collateral-dependent Loans by Class [Abstract]
Loans	33,893	6,539
Accrued interest excluded from total	73	5
Other
Collateral-dependent Loans by Class [Abstract]
Loans	9,420	5,611
Accrued interest excluded from total	54	34
Collateral Dependent Loan
Collateral-dependent Loans by Class [Abstract]
Allowance for Credit Losses Amount	6,776	2,300
Commercial
Collateral-dependent Loans by Class [Abstract]
Loans	2,213,557	1,937,364
Allowance for Credit Losses Amount	29,012	22,872	16,724	13,817
Accrued interest excluded from total	6,901	6,496
Commercial \| Commercial and industrial
Collateral-dependent Loans by Class [Abstract]
Loans	1,158,841	1,001,329
Accrued interest excluded from total	3,551	3,310
Commercial \| Commercial and industrial \| Real Estate
Collateral-dependent Loans by Class [Abstract]
Loans	680	686
Commercial \| Commercial and industrial \| Other
Collateral-dependent Loans by Class [Abstract]
Loans	8,841	5,166
Commercial \| Commercial and industrial \| Collateral Dependent Loan
Collateral-dependent Loans by Class [Abstract]
Allowance for Credit Losses Amount	1,631	1,647
Commercial \| Commercial real estate
Collateral-dependent Loans by Class [Abstract]
Loans	1,054,716	936,035
Accrued interest excluded from total	3,350	3,186
Commercial \| Commercial real estate \| Real Estate
Collateral-dependent Loans by Class [Abstract]
Loans	28,047	817
Commercial \| Commercial real estate \| Other
Collateral-dependent Loans by Class [Abstract]
Loans	0	0
Commercial \| Commercial real estate \| Collateral Dependent Loan
Collateral-dependent Loans by Class [Abstract]
Allowance for Credit Losses Amount	4,541	3
Mortgage
Collateral-dependent Loans by Class [Abstract]
Loans	1,524,821	1,516,726
Allowance for Credit Losses Amount	20,914	22,317	21,386	21,633
Accrued interest excluded from total	5,503	5,357
Mortgage \| 1-4 family owner occupied - jumbo
Collateral-dependent Loans by Class [Abstract]
Loans	878,761	875,551
Accrued interest excluded from total	2,675	2,520
Mortgage \| 1-4 family owner occupied - jumbo \| Real Estate
Collateral-dependent Loans by Class [Abstract]
Loans	2,147	1,480
Mortgage \| 1-4 family owner occupied - jumbo \| Other
Collateral-dependent Loans by Class [Abstract]
Loans	0	0
Mortgage \| 1-4 family owner occupied - jumbo \| Collateral Dependent Loan
Collateral-dependent Loans by Class [Abstract]
Allowance for Credit Losses Amount	0	0
Mortgage \| 1-4 family owner occupied - non-jumbo
Collateral-dependent Loans by Class [Abstract]
Loans	289,562	299,142
Accrued interest excluded from total	1,153	1,160
Mortgage \| 1-4 family owner occupied - non-jumbo \| Real Estate
Collateral-dependent Loans by Class [Abstract]
Loans	2,371	2,903
Mortgage \| 1-4 family owner occupied - non-jumbo \| Other
Collateral-dependent Loans by Class [Abstract]
Loans	0	0
Mortgage \| 1-4 family owner occupied - non-jumbo \| Collateral Dependent Loan
Collateral-dependent Loans by Class [Abstract]
Allowance for Credit Losses Amount	239	347
Mortgage \| 1-4 family non-owner occupied
Collateral-dependent Loans by Class [Abstract]
Loans	172,293	176,950
Accrued interest excluded from total	654	680
Mortgage \| 1-4 family non-owner occupied \| Real Estate
Collateral-dependent Loans by Class [Abstract]
Loans	22	0
Mortgage \| 1-4 family non-owner occupied \| Other
Collateral-dependent Loans by Class [Abstract]
Loans	0	0
Mortgage \| 1-4 family non-owner occupied \| Collateral Dependent Loan
Collateral-dependent Loans by Class [Abstract]
Allowance for Credit Losses Amount	8	0
Mortgage \| 1-4 family - 2nd lien
Collateral-dependent Loans by Class [Abstract]
Loans	157,597	133,947
Accrued interest excluded from total	899	846
Mortgage \| 1-4 family - 2nd lien \| Real Estate
Collateral-dependent Loans by Class [Abstract]
Loans	569	510
Mortgage \| 1-4 family - 2nd lien \| Other
Collateral-dependent Loans by Class [Abstract]
Loans	0	0
Mortgage \| 1-4 family - 2nd lien \| Collateral Dependent Loan
Collateral-dependent Loans by Class [Abstract]
Allowance for Credit Losses Amount	131	94
Mortgage \| Resort lending
Collateral-dependent Loans by Class [Abstract]
Loans	26,608	31,136
Accrued interest excluded from total	122	151
Mortgage \| Resort lending \| Real Estate
Collateral-dependent Loans by Class [Abstract]
Loans	57	143
Mortgage \| Resort lending \| Other
Collateral-dependent Loans by Class [Abstract]
Loans	0	0
Mortgage \| Resort lending \| Collateral Dependent Loan
Collateral-dependent Loans by Class [Abstract]
Allowance for Credit Losses Amount	20	51
Installment
Collateral-dependent Loans by Class [Abstract]
Loans	537,907	584,735
Allowance for Credit Losses Amount	2,639	3,040	$ 4,126	$ 4,290
Accrued interest excluded from total	1,548	1,608
Installment \| Boat lending
Collateral-dependent Loans by Class [Abstract]
Loans	272,512	264,341
Accrued interest excluded from total	778	736
Installment \| Boat lending \| Real Estate
Collateral-dependent Loans by Class [Abstract]
Loans	0	0
Installment \| Boat lending \| Other
Collateral-dependent Loans by Class [Abstract]
Loans	233	87
Installment \| Boat lending \| Collateral Dependent Loan
Collateral-dependent Loans by Class [Abstract]
Allowance for Credit Losses Amount	83	31
Installment \| Recreational vehicle lending
Collateral-dependent Loans by Class [Abstract]
Loans	191,857	224,537
Accrued interest excluded from total	496	576
Installment \| Recreational vehicle lending \| Real Estate
Collateral-dependent Loans by Class [Abstract]
Loans	0	0
Installment \| Recreational vehicle lending \| Other
Collateral-dependent Loans by Class [Abstract]
Loans	237	266
Installment \| Recreational vehicle lending \| Collateral Dependent Loan
Collateral-dependent Loans by Class [Abstract]
Allowance for Credit Losses Amount	84	94
Installment \| Other
Collateral-dependent Loans by Class [Abstract]
Loans	73,538	95,857
Accrued interest excluded from total	274	296
Installment \| Other \| Real Estate
Collateral-dependent Loans by Class [Abstract]
Loans	0	0
Installment \| Other \| Other
Collateral-dependent Loans by Class [Abstract]
Loans	109	92
Installment \| Other \| Collateral Dependent Loan
Collateral-dependent Loans by Class [Abstract]
Allowance for Credit Losses Amount	$ 39	$ 33

CONCENTRATIONS OF CREDIT RISK - (Details) $ in Millions	Dec. 31, 2025 USD ($)
Residential Real Estate Loan Concentration Risk
Fair Value, Concentration of Risk, Financial Assets, Balance Sheet Groupings [Abstract]
Fair value, concentration of risk, loans receivable	$ 1,497.0
Construction and Land Development
Fair Value, Concentration of Risk, Financial Assets, Balance Sheet Groupings [Abstract]
Fair value, concentration of risk, loans receivable	273.6
Lessors of Nonresidential Real Estate
Fair Value, Concentration of Risk, Financial Assets, Balance Sheet Groupings [Abstract]
Fair value, concentration of risk, loans receivable	624.3
Construction Loan Concentration Risk
Fair Value, Concentration of Risk, Financial Assets, Balance Sheet Groupings [Abstract]
Fair value, concentration of risk, loans receivable	214.1
Health Care and Social Assistance
Fair Value, Concentration of Risk, Financial Assets, Balance Sheet Groupings [Abstract]
Fair value, concentration of risk, loans receivable	174.5
Lessors of Residential Real Estate
Fair Value, Concentration of Risk, Financial Assets, Balance Sheet Groupings [Abstract]
Fair value, concentration of risk, loans receivable	180.8
Accommodation and Food Services
Fair Value, Concentration of Risk, Financial Assets, Balance Sheet Groupings [Abstract]
Fair value, concentration of risk, loans receivable	164.5
Manufacturing
Fair Value, Concentration of Risk, Financial Assets, Balance Sheet Groupings [Abstract]
Fair value, concentration of risk, loans receivable	$ 112.9

SEGMENT REPORTING (Tables)

12 Months Ended

Dec. 31, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

Information reported internally for performance assessment by the chief operating decision maker is as follows, inclusive of reconciliations of significant segment totals to the consolidated financial statements for the years ended December 31, 2025, 2024 and 2023.


	2025
	Independent Bank		Other(1)		Eliminations		Total
	(In thousands)
INTEREST INCOME
Interest and fees on loans	$	238,532	$	—	$	301	$	238,833
Interest on securities	25,948		—		—		25,948
Other investments	4,956		1,356		(1,356)		4,956
Total Interest Income	269,436		1,356		(1,055)		269,737
INTEREST EXPENSE
Deposits	84,854		—		(1,356)		83,498
Other borrowings and subordinated debt and debentures	828		5,396		—		6,224
Total Interest Expense	85,682		5,396		(1,356)		89,722
Net Interest Income	183,754		(4,040)		301		180,015
Provision for credit losses	6,135		—		—		6,135
Net Interest Income After Provision for Credit Losses	177,619		(4,040)		301		173,880
NON-INTEREST INCOME
Interchange income	13,860		—		—		13,860
Service charges on deposit accounts	12,022		—		—		12,022
Net gains on mortgage loans	6,543		—		237		6,780
Mortgage loan servicing, net	827		—		—		827
Other	11,751		1,278		(874)		12,155
Total Non-interest Income	45,003		1,278		(637)		45,644
NON-INTEREST EXPENSE
Compensation and employee benefits	84,799		545		(150)		85,194
Data processing	14,709		79		—		14,788
Occupancy, net	8,544		23		—		8,567
Interchange expense	4,641		—		—		4,641
Furniture, fixtures and equipment	3,464		3		—		3,467
Advertising	3,202		9		—		3,211
FDIC deposit insurance	2,824		—		—		2,824
Loan and collection	2,737		—		—		2,737
Legal and professional	2,009		439		—		2,448
Communications	1,972		25		—		1,997
Other	7,559		800		—		8,359
Total Non-interest Expense	136,460		1,923		(150)		138,233
Income Before Income Tax	86,162		(4,685)		(186)		81,291
Income tax expense	14,195		(1,406)		(39)		12,750
Net Income	$	71,967	$	(3,279)	$	(147)	$	68,541

OTHER SEGMENT DISCLOSURES
Depreciation	$	4,991	$	2	$	—	$	4,993
Amortization	487		—		—		487
Total assets	5,499,615		565,709		(559,604)		5,505,720

(1) Includes amounts relating to our parent company and certain insignificant operations.


	2024
	Independent Bank		Other(1)		Eliminations		Total
	(In thousands)
INTEREST INCOME
Interest and fees on loans	$	228,325	$	—	$	260	$	228,585
Interest on securities	31,983		—		—		31,983
Other investments	6,208		1,746		(1,746)		6,208
Total Interest Income	266,516		1,746		(1,486)		266,776
INTEREST EXPENSE
Deposits	94,440		—		(1,746)		92,694
Other borrowings and subordinated debt and debentures	2,016		5,818		—		7,834
Total Interest Expense	96,456		5,818		(1,746)		100,528
Net Interest Income	170,060		(4,072)		260		166,248
Provision for credit losses	4,468		—		—		4,468
Net Interest Income After Provision for Credit Losses	165,592		(4,072)		260		161,780
NON-INTEREST INCOME
Interchange income	13,992		—		—		13,992
Service charges on deposit accounts	11,870		—		—		11,870
Net gains on mortgage loans	6,374		—		205		6,579
Mortgage loan servicing, net	9,447		—		—		9,447
Other	14,074		1,082		(682)		14,474
Total Non-interest Income	55,757		1,082		(477)		56,362
NON-INTEREST EXPENSE
Compensation and employee benefits	84,580		493		(118)		84,955
Data processing	13,505		74		—		13,579
Occupancy, net	7,782		24		—		7,806
Interchange expense	4,504		—		—		4,504
Furniture, fixtures and equipment	3,759		3		—		3,762
Advertising	3,049		9		—		3,058
FDIC deposit insurance	2,870		—		—		2,870
Legal and professional	2,163		403		—		2,566
Loan and collection	2,474		—		—		2,474
Communications	2,073		22		—		2,095
Other	6,674		753		—		7,427
Total Non-interest Expense	133,433		1,781		(118)		135,096
Income Before Income Tax	87,916		(4,771)		(99)		83,046
Income tax expense	17,334		(1,057)		(21)		16,256
Net Income	$	70,582	$	(3,714)	$	(78)	$	66,790

OTHER SEGMENT DISCLOSURES
Depreciation	$	5,185	$	3	$	—	$	5,188
Amortization	516		—		—		516
Total assets	5,328,488		549,242		(539,626)		5,338,104

(1) Includes amounts relating to our parent company and certain insignificant operations.


	2023
	Independent Bank		Other(1)		Eliminations		Total
	(In thousands)
INTEREST INCOME
Interest and fees on loans	$	197,489	$	—	$	236	$	197,725
Interest on securities	36,523		—		—		36,523
Other investments	5,429		1,317		(1,317)		5,429
Total Interest Income	239,441		1,317		(1,081)		239,677
INTEREST EXPENSE
Deposits	76,392		—		(1,317)		75,075
Other borrowings and subordinated debt and debentures	2,547		5,726		—		8,273
Total Interest Expense	78,939		5,726		(1,317)		83,348
Net Interest Income	160,502		(4,409)		236		156,329
Provision for credit losses	6,210		—		—		6,210
Net Interest Income After Provision for Credit Losses	154,292		(4,409)		236		150,119
NON-INTEREST INCOME
Interchange income	13,996		—		—		13,996
Service charges on deposit accounts	12,361		—		—		12,361
Net gains on mortgage loans	7,270		—		166		7,436
Mortgage loan servicing, net	4,626		—		—		4,626
Other	11,867		927		(537)		12,257
Total Non-interest Income	50,120		927		(371)		50,676
NON-INTEREST EXPENSE
Compensation and employee benefits	78,444		609		(88)		78,965
Data processing	11,790		72		—		11,862
Occupancy, net	7,884		24		—		7,908
Interchange expense	4,332		—		—		4,332
Furniture, fixtures and equipment	3,751		5		—		3,756
Advertising	2,156		9		—		2,165
FDIC deposit insurance	3,005		—		—		3,005
Legal and professional	1,748		460		—		2,208
Loan and collection	2,174		—		—		2,174
Communications	2,381		25		—		2,406
Other	7,537		801		—		8,338
Total Non-interest Expense	125,202		2,005		(88)		127,119
Income Before Income Tax	79,210		(5,487)		(47)		73,676
Income tax expense	15,842		(1,223)		(10)		14,609
Net Income	$	63,368	$	(4,264)	$	(37)	$	59,067

OTHER SEGMENT DISCLOSURES
Depreciation	$	5,178	$	5	$	—	$	5,183
Amortization	547		—		—		547
Total assets	5,259,523		493,158		(488,955)		5,263,726

(1) Includes amounts relating to our parent company and certain insignificant operations.

ACCOUNTING POLICIES - Capitalized Mortgage Loan Servicing Rights (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Mortgage Loan Servicing Rights [Abstract]
Mortgage loan servicing fees	$ 6.8	$ 8.9	$ 8.8

NON-INTEREST INCOME - OTHER

12 Months Ended

Dec. 31, 2025

Noninterest Income, Other [Abstract]

NON-INTEREST INCOME - OTHER

Other non-interest income for the years ended December 31 follows:


	2025		2024		2023
	(In thousands)
Investment and insurance commissions	$	3,510	$	3,268	$	3,456
ATM fees	1,576		1,650		1,683
Bank owned life insurance	1,187		834		474
Other	6,252		6,465		6,866
Total other non-interest income	$	12,525	$	12,217	$	12,479

LOANS - Loans Serviced for Others (Details) $ in Thousands	12 Months Ended
LOANS - Loans Serviced for Others (Details) $ in Thousands	Dec. 31, 2025 USD ($)	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)	Jan. 31, 2025 USD ($)
Mortgage Loans Serviced For Others [Abstract]
Mortgage loans serviced	$ 2,611,289	$ 3,543,745
Analysis Of Capitalized Mortgage Loan Servicing Rights [Roll Forward]
Balance at beginning of period	46,796	42,243	$ 42,489
Originated servicing rights capitalized	3,494	4,020	3,956
Change in fair value due to price	(2,168)	4,540	(280)
Change in fair value due to pay downs	(3,573)	(4,007)	(3,922)
Sales of originated servicing rights	(12,823)	0	0
Loss on sale of originated servicing rights	(233)	0	0
Balance at end of year	31,493	46,796	42,243
Loans sold and serviced that have had servicing rights capitalized	2,611,289	3,543,745	$ 3,541,869
Mortgage loan servicing rights sold				$ 931,600
Mortgage loan servicing rights sold, percentage				0.263
Mortgage loan servicing rights sold, capitalized amount				$ 13,100
Mortgage loan servicing rights sold, capitalized, percentage				0.279
Holdback amount				$ 100
Transaction expense	200
Fannie Mae
Mortgage Loans Serviced For Others [Abstract]
Mortgage loans serviced	1,134,213	1,674,111
Freddie Mac
Mortgage Loans Serviced For Others [Abstract]
Mortgage loans serviced	927,467	1,373,145
Ginnie Mae
Mortgage Loans Serviced For Others [Abstract]
Mortgage loans serviced	130,302	146,363
FHLB
Mortgage Loans Serviced For Others [Abstract]
Mortgage loans serviced	375,822	302,779
Other
Mortgage Loans Serviced For Others [Abstract]
Mortgage loans serviced	$ 43,485	$ 47,347

Cybersecurity Risk Management and Strategy Disclosure	12 Months Ended
Cybersecurity Risk Management and Strategy Disclosure	Dec. 31, 2025
Cybersecurity Risk Management, Strategy, and Governance [Line Items]
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]	Cybersecurity Risk Assessment, Identification, and Management Processes Our cybersecurity processes have been integrated into our risk management system. We employ a comprehensive cybersecurity risk assessment program designed to evaluate threats, vulnerabilities, and the potential impact on our operations, data, and financial condition. This program is regularly reviewed and updated to address emerging risks. Our process for addressing risk is based on banking industry best practices outlined by the FFIEC and in National Institute of Standards and Technology (“NIST”) frameworks. We engage various third-party service providers in connection with our cybersecurity processes. We routinely engage consultants and other third parties to assist in the continued improvement and maintenance of our cybersecurity risk assessment program. These engagements are designed to enhance our cybersecurity posture, and we work closely with these experts to help us identify and address risks and vulnerabilities. Examples of these engagements include third party security assessments, security monitoring, and program review. We closely oversee and monitor third-party cybersecurity service providers. We maintain policies and procedures to oversee and identify cybersecurity risks associated with our third-party service providers, especially those with access to customer and employee data. Our selection and oversight of these providers incorporate cybersecurity considerations, including contractual and other mechanisms to mitigate risks. Our third-party oversight process follows published best practices and frameworks from NIST and FFIEC to account for risks throughout the entire engagement with our third-party vendors. We consistently engage in proactive measures aimed at preventing, detecting, and effectively minimizing the impact of cybersecurity incidents. We maintain an incident response plan to swiftly respond to breaches, protect customer data, and minimize disruption to our operations. The incident response process is consistently tested and reviewed through simulated incidents and tabletop exercises with key stakeholders. To bolster our incident response process, we have robust business continuity, contingency, and recovery plans to ensure operational resilience during a cybersecurity incident. We have not experienced a material cybersecurity breach, but risks from cybersecurity threats may impact our business strategy, results of operations, and financial condition. No risks from any current or previous cybersecurity threats have materially affected or are reasonably likely to materially affect our business strategy, results of operations, or financial condition, except to the extent that such strategy, operations, and conditions are affected by our employment of the cybersecurity risk assessment programs and procedures discussed in this Item. We have not, as of the date of this filing, experienced a cybersecurity breach that has materially affected our business or financial condition. However, because our business involves the collection, transmission, and storage of sensitive customer and employee data, we are susceptible to various cybersecurity threats, including cyberattacks, unauthorized access, and similar events. We employ ongoing processes and strategies to guard against those threats, as discussed in this Item.
Cybersecurity Risk Management Processes Integrated [Flag]	true
Cybersecurity Risk Management Processes Integrated [Text Block]	Our cybersecurity processes have been integrated into our risk management system. We employ a comprehensive cybersecurity risk assessment program designed to evaluate threats, vulnerabilities, and the potential impact on our operations, data, and financial condition. This program is regularly reviewed and updated to address emerging risks. Our process for addressing risk is based on banking industry best practices outlined by the FFIEC and in National Institute of Standards and Technology (“NIST”) frameworks.
Cybersecurity Risk Management Third Party Engaged [Flag]	true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag]	true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag]	false
Cybersecurity Risk Board of Directors Oversight [Text Block]	Our Board of Directors and Chief Executive Officer, in collaboration with our Chief Operating Officer and Chief Risk Officer, oversee cybersecurity processes, risks, and threats.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]	Our Board of Directors and Chief Executive Officer, in collaboration with our Chief Operating Officer and Chief Risk Officer, oversee cybersecurity processes, risks, and threats. Rather than designate one specific board committee to cybersecurity risk management, our entire Board of Directors is responsible for overseeing our risk management.
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block]	As noted above, our Chief Risk Officer, Chief Information Security Officer, and cybersecurity team provide regular reports to the Board regarding cybersecurity risks, as well as a review of the processes described above. In particular, our Chief Risk Officer provides reports at every regularly scheduled Board meeting regarding our most material risks and the degree of exposure to these risks. Our management personnel are also required to provide more frequent updates to the Enterprise Risk Committee on major developments regarding cybersecurity matters. The Committee, in turn, provides regular updates to the Board on these matters.
Cybersecurity Risk Role of Management [Text Block]	Our Chief Risk Officer is responsible for overseeing our risk management generally, working closely with our internal audit department. Our Chief Risk Officer regularly reports directly to the Board of Directors with respect to all areas of risk management. With regard to cybersecurity specifically, we have a Chief Information Security Officer who reports directly to our Chief Operating Officer, with a dotted-line reporting relationship to our Chief Executive Officer, and collaborates regularly with our Chief Risk Officer and Risk Team. Our Chief Information Security Officer meets with the Chief Executive Officer on a standard cadence and chairs a committee focused on cybersecurity with monthly reports made to our Risk Committee. Minutes from these meetings as well as select materials are shared with the full Board of Directors, and our Chief Information Security Officer delivers an annual report to our Board of Directors. In addition, our entire management team is actively engaged in assessing and managing material risks from cybersecurity threats. We have established a robust framework for identifying, preventing, mitigating, and remediating such risks.
Cybersecurity Risk Management Positions or Committees Responsible [Flag]	true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block]	With regard to cybersecurity specifically, we have a Chief Information Security Officer who reports directly to our Chief Operating Officer, with a dotted-line reporting relationship to our Chief Executive Officer, and collaborates regularly with our Chief Risk Officer and Risk Team. Our Chief Information Security Officer meets with the Chief Executive Officer on a standard cadence and chairs a committee focused on cybersecurity with monthly reports made to our Risk Committee. Minutes from these meetings as well as select materials are shared with the full Board of Directors, and our Chief Information Security Officer delivers an annual report to our Board of Directors. In addition, our entire management team is actively engaged in assessing and managing material risks from cybersecurity threats. We have established a robust framework for identifying, preventing, mitigating, and remediating such risks.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block]	Our current Chief Information Security Officer has a comprehensive information security background with over 20 years of experience in managing or assisting in managing cybersecurity risks across multiple industries with the majority of that experience at community banking institutions. Our Chief Information Security Officer holds multiple industry certifications from groups such as ISC2 and GIAC. To support the Chief Information Security Officer in managing cybersecurity and our Chief Risk Officer in managing cybersecurity risks, we have established a cross-functional cybersecurity team that includes experts in various aspects of information security. This team of employees includes individuals with many years of prior combined work experience in cybersecurity and data protection. These individuals are responsible for the day-to-day implementation of our cybersecurity program, including providing immediate notice to our Chief Information Security Officer, Chief Operating Officer and our Chief Risk Officer of any potential cybersecurity incidents.
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block]	As noted above, our Chief Risk Officer, Chief Information Security Officer, and cybersecurity team provide regular reports to the Board regarding cybersecurity risks, as well as a review of the processes described above. In particular, our Chief Risk Officer provides reports at every regularly scheduled Board meeting regarding our most material risks and the degree of exposure to these risks. Our management personnel are also required to provide more frequent updates to the Enterprise Risk Committee on major developments regarding cybersecurity matters. The Committee, in turn, provides regular updates to the Board on these matters.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag]	true

ACCOUNTING POLICIES - Nature of Operations (Details)	12 Months Ended
ACCOUNTING POLICIES - Nature of Operations (Details)	Dec. 31, 2025 facility
Accounting Policies [Abstract]
Number of loan production facilities	1
Percentage of loan portfolio secured by real estate	44.30%

NON-INTEREST INCOME - OTHER (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Noninterest Income, Other [Abstract]
Investment and insurance commissions	$ 3,510	$ 3,268	$ 3,456
ATM fees	1,576	1,650	1,683
Bank owned life insurance	1,187	834	474
Other	6,252	6,465	6,866
Total other non-interest income	$ 12,525	$ 12,217	$ 12,479

SHAREHOLDERS’ EQUITY AND NET INCOME PER COMMON SHARE (Tables)

12 Months Ended

Dec. 31, 2025

Stockholders' Equity Note [Abstract]

Reconciliation of Basic and Diluted Net Income Per Common Share

A reconciliation of basic and diluted net income per common share for the years ended December 31 follows:


	2025		2024		2023
	(In thousands, except per share amounts)
Net income	$	68,541	$	66,790	$	59,067

Weighted average shares outstanding (1)	20,758		20,892		20,976
Stock units for deferred compensation plan for non-employee directors	175		180		160
Performance share units	28		31		23
Effect of stock options	2		3		11
Weighted average shares outstanding for calculation of diluted earnings per share	20,963		21,106		21,170

Net income per common share
Basic (1)	$	3.30	$	3.20	$	2.82
Diluted	$	3.27	$	3.16	$	2.79

_________________________________________


(1)			Basic net income per common share includes weighted average common shares outstanding during the period.

DEPOSITS

12 Months Ended

Dec. 31, 2025

Deposits [Abstract]

DEPOSITS

A summary of interest expense on deposits for the years ended December 31 follows:


	2025		2024		2023
	(In thousands)
Savings and interest-bearing checking	$	25,870	$	28,047	$	24,601
Reciprocal	29,386		34,574		23,429
Time	22,741		24,135		13,766
Brokered time	5,501		5,938		13,279
Total	$	83,498	$	92,694	$	75,075

Aggregate time deposits in denominations of $0.25 million or more amounted to $223.4 million and $211.4 million at December 31, 2025 and 2024, respectively.

A summary of the maturity of time deposits at December 31, 2025, follows (1):


	(In thousands)
2026	$	770,122
2027	17,873
2028	2,423
2029	2,050
2030	1,256
2031 and thereafter	17
Total	$	793,741


(1)			Includes time deposits, brokered time deposits and reciprocal time deposits

Reciprocal deposits represent demand, money market and time deposits from our customers that have been placed through IntraFi Network. This service allows our customers to access multi-million dollar FDIC deposit insurance on deposit balances greater than the standard FDIC insurance maximum.

A summary of reciprocal deposits at December 31 follows:


	2025		2024
	(In thousands)
Demand	$	862,697	$	797,181
Money market	—		43
Time	112,224		109,807
Total	$	974,921	$	907,031

PROPERTY AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2025

Property, Plant and Equipment [Abstract]

Summary of Property and Equipment

A summary of property and equipment at December 31 follows:


	2025		2024
	(In thousands)
Land and land improvements	$	17,390	$	16,329
Buildings	66,369		64,103
Equipment	83,743		80,988
	167,502		161,420
Accumulated depreciation and amortization	(128,530)		(123,928)
Property and equipment, net	$	38,972	$	37,492

DERIVATIVE FINANCIAL INSTRUMENTS - Gain Loss (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Effect of derivative financial instruments on the consolidated financial statements of operations [Abstract]
Gain (loss) Recognized in Other Comprehensive Income (Effective Portion)	$ (1,238)	$ (4,212)	$ (213)
Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)	(2,111)	(1,366)	(437)
Fair value hedge designation \| Interest rate cap agreements, noncommercial
Effect of derivative financial instruments on the consolidated financial statements of operations [Abstract]
Gain (loss) Recognized in Other Comprehensive Income (Effective Portion)	(302)	23	(848)
Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)	(227)	(167)	(262)
Gain (Loss) Recognized in Income	0	(145)	90
Fair value hedge designation \| Interest rate cap agreements
Effect of derivative financial instruments on the consolidated financial statements of operations [Abstract]
Gain (loss) Recognized in Other Comprehensive Income (Effective Portion)	(302)	23	(848)
Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)	(227)	(167)	(262)
Gain (Loss) Recognized in Income	(8,898)	1,564	(8,077)
Fair value hedge designation \| Interest rate cap agreements \| Installment
Effect of derivative financial instruments on the consolidated financial statements of operations [Abstract]
Gain (loss) Recognized in Other Comprehensive Income (Effective Portion)	0	0	0
Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)	0	0	0
Gain (Loss) Recognized in Income	0	0	(14)
Fair value hedge designation \| Fixed Income Interest Rate \| Interest rate swap agreement \| Commercial
Effect of derivative financial instruments on the consolidated financial statements of operations [Abstract]
Gain (Loss) Recognized in Income	(186)	12	(98)
Fair value hedge designation \| Fixed Income Interest Rate \| Interest rate swap agreement \| Installment
Effect of derivative financial instruments on the consolidated financial statements of operations [Abstract]
Gain (Loss) Recognized in Income	(901)	1,305	(1,305)
Fair value hedge designation \| Fixed Income Interest Rate \| Interest rate swap agreement \| Mortgage
Effect of derivative financial instruments on the consolidated financial statements of operations [Abstract]
Gain (Loss) Recognized in Income	(1,469)	2,414	(2,131)
Fair value hedge designation \| Fixed Income Interest Rate \| Pay-fixed interest rate swap agreements - securities available for sale
Effect of derivative financial instruments on the consolidated financial statements of operations [Abstract]
Gain (Loss) Recognized in Income	(6,342)	(2,022)	(4,619)
Cash Flow Hedge Designation
Effect of derivative financial instruments on the consolidated financial statements of operations [Abstract]
Gain (loss) Recognized in Other Comprehensive Income (Effective Portion)	(936)	(4,235)	635
Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)	(1,884)	(1,199)	(175)
Gain (Loss) Recognized in Income	(1,884)	(1,199)	(175)
Cash Flow Hedge Designation \| Interest rate floor agreements \| Commercial
Effect of derivative financial instruments on the consolidated financial statements of operations [Abstract]
Gain (loss) Recognized in Other Comprehensive Income (Effective Portion)	(612)	(4,223)	635
Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)	(1,861)	(1,199)	(175)
Gain (Loss) Recognized in Income	(1,861)	(1,199)	(175)
Cash Flow Hedge Designation \| Interest rate cap agreements - short-term funding liabilities
Effect of derivative financial instruments on the consolidated financial statements of operations [Abstract]
Gain (loss) Recognized in Other Comprehensive Income (Effective Portion)	(324)	(12)	0
Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)	(23)	0	0
Gain (Loss) Recognized in Income	(23)	0	0
No hedge designation
Effect of derivative financial instruments on the consolidated financial statements of operations [Abstract]
Gain (Loss) Recognized in Income	36	268	623
No hedge designation \| Rate-lock mortgage loan commitments
Effect of derivative financial instruments on the consolidated financial statements of operations [Abstract]
Gain (Loss) Recognized in Income	130	(73)	1,229
No hedge designation \| Mandatory commitments to sell mortgage loans
Effect of derivative financial instruments on the consolidated financial statements of operations [Abstract]
Gain (Loss) Recognized in Income	(94)	341	(594)
No hedge designation \| Fixed Income Interest Rate \| Interest rate swap agreement \| Commercial
Effect of derivative financial instruments on the consolidated financial statements of operations [Abstract]
Gain (Loss) Recognized in Income	(16,670)	6,156	(9,894)
No hedge designation \| Variable Income Interest Rate \| Interest rate swap agreement
Effect of derivative financial instruments on the consolidated financial statements of operations [Abstract]
Gain (Loss) Recognized in Income	0	0	(12)
No hedge designation \| Variable Income Interest Rate \| Interest rate swap agreement \| Commercial
Effect of derivative financial instruments on the consolidated financial statements of operations [Abstract]
Gain (Loss) Recognized in Income	$ 16,670	$ (6,156)	$ 9,894

ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)

12 Months Ended

Dec. 31, 2025

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of Accumulated Other Comprehensive (Loss)

A summary of changes in accumulated other comprehensive loss (‘‘AOCL’’), net of tax during the years ended December 31 follows:


	Unrealized Losses on Securities AFS		Unrealized Losses on Securities Transferred to Securities HTM (1)		Dispropor- tionate Tax Effects from Securities AFS		Unrealized Gains (Losses) on Derivative Instruments		Total
	(In thousands)
2025
Balances at beginning of period	$	(49,301)	$	(12,775)	$	(5,798)	$	(2,070)	$	(69,944)
Other comprehensive income (loss) before reclassifications	8,754		2,519		—		(978)		10,295
Amounts reclassified from AOCL	293		—		—		1,668		1,961
Net current period other comprehensive income	9,047		2,519		—		690		12,256
Balances at end of period	$	(40,254)	$	(10,256)	$	(5,798)	$	(1,380)	$	(57,688)

2024
Balances at beginning of period	$	(51,113)	$	(15,408)	$	(5,798)	$	177	$	(72,142)
Other comprehensive income (loss) before reclassifications	1,474		2,633		—		(3,326)		781
Amounts reclassified from AOCL	338		—		—		1,079		1,417
Net current period other comprehensive income (loss)	1,812		2,633		—		(2,247)		2,198
Balances at end of period	$	(49,301)	$	(12,775)	$	(5,798)	$	(2,070)	$	(69,944)

2023
Balances at beginning of period	$	(68,742)	$	(18,223)	$	(5,798)	$	—	$	(92,763)
Other comprehensive income (loss) before reclassifications	17,454		2,815		—		(168)		20,101
Amounts reclassified from AOCL	175		—		—		345		520
Net current period other comprehensive income	17,629		2,815		—		177		20,621
Balances at end of period	$	(51,113)	$	(15,408)	$	(5,798)	$	177	$	(72,142)

(1)Represents the remaining unrealized loss to be accreted on securities that were transferred from AFS to HTM on April 1, 2022.

Schedule of Reclassifications Out of Each Component of AOCIL

A summary of reclassifications out of each component of AOCL for the years ended December 31 follows:


AOCL Component	Reclassified From AOCL		Affected Line Item in Consolidated Statements of Operations
	(In thousands)
2025
Unrealized losses on securities available for sale	$	(370)	Net losses on securities available for sale
	(77)		Income tax expense
	(293)		Reclassifications, net of tax

Unrealized gains (losses) on derivative instruments	(2,088)		Interest income
	23		Interest expense
	(2,111)
	(443)		Income tax expense
	(1,668)		Reclassifications, net of tax

	$	(1,961)	Total reclassifications for the period, net of tax

2024
Unrealized losses on securities available for sale	$	(428)	Net losses on securities available for sale
	(90)		Income tax expense
	(338)		Reclassifications, net of tax

Unrealized gains (losses) on derivative instruments	(1,366)		Interest income
	(287)		Income tax expense
	(1,079)		Reclassifications, net of tax

	$	(1,417)	Total reclassifications for the period, net of tax

2023
Unrealized losses on securities available for sale	$	(222)	Net losses on securities available for sale
	(47)		Income tax expense
	(175)		Reclassifications, net of tax

Unrealized gains (losses) on derivative instruments	(437)		Interest income
	(92)		Income tax expense
	(345)		Reclassifications, net of tax

	$	(520)	Total reclassifications for the period, net of tax

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Financial Instruments According to Type of Hedge Designation

Our derivative financial instruments according to the type of hedge in which they are designated at December 31 follow:


	2025
	Notional Amount		Average Maturity (years)	Fair Value
	(Dollars in thousands)
Fair value hedge designation
Pay-fixed interest rate swap agreement - commercial	$	5,242	3.4	$	175
Pay-fixed interest rate swap agreements - securities available for sale	148,895		1.8	6,923
Pay-fixed interest rate swap agreements - installment	100,000		1.4	(824)
Pay-fixed interest rate swap agreements - mortgage	117,000		1.7	(1,186)
Interest rate cap agreements - securities available for sale	40,970		2.3	32
Total	$	412,107	1.8	$	5,120

Cash flow hedge designation
Interest rate floor agreements - commercial	$	450,000	1.8	$	4,669
Interest rate cap agreements - short-term funding liabilities	50,000		2.1	46
Total	$	500,000	1.8	$	4,715

No hedge designation
Rate-lock mortgage loan commitments	$	17,180	0.1	$	230
Mandatory commitments to sell mortgage loans	24,909		0.1	(32)
Pay-fixed interest rate swap agreements - commercial	683,715		4.5	(3,345)
Pay-variable interest rate swap agreements - commercial	683,715		4.5	3,345
Total	$	1,409,519	4.4	$	198


	2024
	Notional Amount		Average Maturity (years)	Fair Value
	(Dollars in thousands)
Fair value hedge designation
Pay-fixed interest rate swap agreement - commercial	$	5,647	4.4	$	361
Pay-fixed interest rate swap agreements - securities available for sale	148,895		2.8	13,265
Pay-fixed interest rate swap agreements - installment	100,000		2.4	77
Pay-fixed interest rate swap agreements - mortgage	147,000		2.2	283
Interest rate cap agreements - securities available for sale	40,970		3.3	334
Total	$	442,512	2.6	$	14,320

Cash flow hedge designation
Interest rate floor agreements - commercial	$	375,000	2.3	$	3,642
Interest rate cap agreements - short-term funding liabilities	25,000		3.4	312
Total	$	400,000	2.1	$	3,954

No hedge designation
Rate-lock mortgage loan commitments	$	12,703	0.1	$	100
Mandatory commitments to sell mortgage loans	19,874		0.1	62
Pay-fixed interest rate swap agreements - commercial	538,053		5.0	13,325
Pay-variable interest rate swap agreements - commercial	538,053		5.0	(13,325)
Total	$	1,108,683	4.9	$	162

Schedule of Derivative Instruments in Statement of Financial Condition, Fair Value

Fair Values of Derivative Instruments


	Asset Derivatives						Liability Derivatives
	December 31,						December 31,
	2025			2024			2025			2024
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
	(In thousands)
Derivatives designated as hedging instruments
Pay-fixed interest rate swap agreements	Other assets	$	7,114	Other assets	$	14,336	Other liabilities	$	2,026	Other liabilities	$	350
Interest rate cap agreements	Other assets	78		Other assets	646		Other liabilities	—		Other liabilities	—
Interest rate floor agreements	Other assets	4,669		Other assets	3,642		Other liabilities	—		Other liabilities	—
		11,861			18,624			2,026			350
Derivatives not designated as hedging instruments
Rate-lock mortgage loan commitments	Other assets	230		Other assets	100		Other liabilities	—		Other liabilities	—
Mandatory commitments to sell mortgage loans	Other assets	—		Other assets	62		Other liabilities	32		Other liabilities	—
Pay-fixed interest rate swap agreements - commercial	Other assets	7,074		Other assets	15,799		Other liabilities	10,419		Other liabilities	2,474
Pay-variable interest rate swap agreements - commercial	Other assets	10,419		Other assets	2,474		Other liabilities	7,074		Other liabilities	15,799
		17,723			18,435			17,525			18,273
Total derivatives		$	29,584		$	37,059		$	19,551		$	18,623

Schedule of Derivative Instruments, Gain (Loss)

The effect of derivative financial instruments on the Consolidated Statements of Operations follows:


Year Ended December 31,
	Gain (loss) Recognized in Other Comprehensive Income (Effective Portion)						Location of Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)	Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)						Location of Gain (Loss) Recognized in Income	Gain (Loss) Recognized in Income
	2025		2024		2023			2025		2024		2023			2025		2024		2023
	(In thousands)
Fair Value Hedges
Pay-fixed interest rate swap agreement - commercial														Interest and fees on loans	$	(186)	$	12	$	(98)
Pay-fixed interest rate swap agreement - securities available for sale														Interest on securities	(6,342)		(2,022)		(4,619)
Pay-fixed interest rate swap agreement - installment														Interest and fees on loans	(901)		1,305		(1,305)
Pay-fixed interest rate swap agreements - Mortgage														Interest and fees on loans	(1,469)		2,414		(2,131)
Interest rate cap agreements - securities available for sale	$	(302)	$	23	$	(848)	Interest on securities	$	(227)	$	(167)	$	(262)	Interest on securities	—		(145)		90
Interest rate cap agreements - installment	—		—		—		Interest and fees on loans	—		—		—		Interest and fees on loans	—		—		(14)
Total	$	(302)	$	23	$	(848)		$	(227)	$	(167)	$	(262)		$	(8,898)	$	1,564	$	(8,077)
Cash Flow Hedges
Interest rate floor agreements - commercial	$	(612)	$	(4,223)	$	635	Interest and fees on loans	$	(1,861)	$	(1,199)	$	(175)	Interest and fees on loans	$	(1,861)	$	(1,199)	$	(175)
Interest rate cap agreements - short-term funding liabilities	(324)		(12)		—		Interest expense	(23)		—		—		Interest expense	(23)		—		—
Total	$	(936)	$	(4,235)	$	635		$	(1,884)	$	(1,199)	$	(175)		$	(1,884)	$	(1,199)	$	(175)
No hedge designation
Rate-lock mortgage loan commitments														Net gains on mortgage loans	$	130	$	(73)	$	1,229
Mandatory commitments to sell mortgage loans														Net gains on mortgage loans	(94)		341		(594)
Pay-fixed interest rate swap agreements - commercial														Interest and fees on loans	(16,670)		6,156		(9,894)
Pay-variable interest rate swap agreements -commercial														Interest and fees on loans	16,670		(6,156)		9,894
Pay-variable interest rate swap agreement														Non-interest expense - other	—		—		(12)
Total															$	36	$	268	$	623

DERIVATIVE FINANCIAL INSTRUMENTS - Type of Hedge Designation and Fair Value of Derivative Instruments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Fair value hedge designation
Derivative Instrument Detail [Abstract]
Notional Amount	$ 412,107	$ 442,512
Average Maturity (years)	1 year 9 months 18 days	2 years 7 months 6 days
Fair Value	$ 5,120	$ 14,320
Fair value hedge designation \| Interest rate cap agreements
Derivative Instrument Detail [Abstract]
Notional Amount		$ 40,970
Average Maturity (years)		3 years 3 months 18 days
Fair Value		$ 334
Cash Flow Hedge Designation
Derivative Instrument Detail [Abstract]
Notional Amount	$ 500,000	$ 400,000
Average Maturity (years)	1 year 9 months 18 days	2 years 1 month 6 days
Fair Value	$ 4,715	$ 3,954
Cash Flow Hedge Designation \| Interest rate floor agreements
Derivative Instrument Detail [Abstract]
Notional Amount	$ 450,000	$ 375,000
Average Maturity (years)	1 year 9 months 18 days	2 years 3 months 18 days
Fair Value	$ 4,669	$ 3,642
Cash Flow Hedge Designation \| Interest rate cap agreements - short-term funding liabilities
Derivative Instrument Detail [Abstract]
Notional Amount	$ 50,000	$ 25,000
Average Maturity (years)	2 years 1 month 6 days	3 years 4 months 24 days
Fair Value	$ 46	$ 312
No hedge designation
Derivative Instrument Detail [Abstract]
Notional Amount	$ 1,409,519	$ 1,108,683
Average Maturity (years)	4 years 4 months 24 days	4 years 10 months 24 days
Fair Value	$ 198	$ 162
No hedge designation \| Rate-lock mortgage loan commitments
Derivative Instrument Detail [Abstract]
Notional Amount	$ 17,180	$ 12,703
Average Maturity (years)	1 month 6 days	1 month 6 days
Fair Value	$ 230	$ 100
No hedge designation \| Mandatory commitments to sell mortgage loans
Derivative Instrument Detail [Abstract]
Notional Amount	$ 24,909	$ 19,874
Average Maturity (years)	1 month 6 days	1 month 6 days
Fair Value	$ (32)	$ 62
Fixed Income Interest Rate \| Fair value hedge designation \| Pay-fixed interest rate swap agreement \| Commercial
Derivative Instrument Detail [Abstract]
Notional Amount	$ 5,242	$ 5,647
Average Maturity (years)	3 years 4 months 24 days	4 years 4 months 24 days
Fair Value	$ 175	$ 361
Fixed Income Interest Rate \| Fair value hedge designation \| Pay-fixed interest rate swap agreement \| Installment
Derivative Instrument Detail [Abstract]
Notional Amount	$ 100,000	$ 100,000
Average Maturity (years)	1 year 4 months 24 days	2 years 4 months 24 days
Fair Value	$ (824)	$ 77
Fixed Income Interest Rate \| Fair value hedge designation \| Pay-fixed interest rate swap agreement \| Mortgage
Derivative Instrument Detail [Abstract]
Notional Amount	$ 117,000	$ 147,000
Average Maturity (years)	1 year 8 months 12 days	2 years 2 months 12 days
Fair Value	$ (1,186)	$ 283
Fixed Income Interest Rate \| Fair value hedge designation \| Pay-fixed interest rate swap agreements - securities available for sale
Derivative Instrument Detail [Abstract]
Notional Amount	$ 148,895	$ 148,895
Average Maturity (years)	1 year 9 months 18 days	2 years 9 months 18 days
Fair Value	$ 6,923	$ 13,265
Fixed Income Interest Rate \| Fair value hedge designation \| Interest rate cap agreements
Derivative Instrument Detail [Abstract]
Notional Amount	$ 40,970
Average Maturity (years)	2 years 3 months 18 days
Fair Value	$ 32
Fixed Income Interest Rate \| No hedge designation \| Pay-fixed interest rate swap agreement \| Commercial
Derivative Instrument Detail [Abstract]
Notional Amount	$ 683,715	$ 538,053
Average Maturity (years)	4 years 6 months	5 years
Fair Value	$ (3,345)	$ (13,325)
Variable Income Interest Rate \| No hedge designation \| Pay-fixed interest rate swap agreement \| Commercial
Derivative Instrument Detail [Abstract]
Notional Amount	$ 683,715	$ 538,053
Average Maturity (years)	4 years 6 months	5 years
Fair Value	$ 3,345	$ 13,325

GOODWILL AND OTHER INTANGIBLES - Summary of Estimated Core Deposits Intangible Amortization (Details) $ in Thousands	Dec. 31, 2025 USD ($)
Summary of estimated core deposit intangible amortization [Abstract]
2026	$ 460
2027	434
2028	107
Total	$ 1,001

FAIR VALUE DISCLOSURES (Tables)

12 Months Ended

Dec. 31, 2025

Fair Value Disclosures [Abstract]

Schedule of Fair Value Measurements, Recurring and Nonrecurring

Assets and liabilities measured at fair value, including financial assets for which we have elected the fair value option, were as follows:


			Fair Value Measurements Using
	Fair Value Measure- ments		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Un- observable Inputs (Level 3)
	(In thousands)
December 31, 2025:
Measured at Fair Value on a Recurring Basis
Assets
Securities available for sale
U.S. agency	$	7,917	$	—	$	7,917	$	—
U.S. agency residential mortgage-backed	81,065		—		81,065		—
U.S. agency commercial mortgage-backed	7,186		—		7,186		—
Private label mortgage-backed	40,506		—		40,506		—
Other asset backed	30,185		—		30,185		—
Obligations of states and political subdivisions	280,402		—		280,402		—
Corporate	47,661		—		47,661		—
Trust preferred	987		—		987		—
Loans held for sale	9,031		—		9,031		—
Capitalized mortgage loan servicing rights	31,493		—		—		31,493
Derivatives (1)	29,584		—		29,584		—
Liabilities
Derivatives (2)	19,551		—		19,551		—

Measured at Fair Value on a Non-recurring Basis:
Assets

Collateral dependent loans (3)
Commercial
Commercial and industrial	7,361		—		—		7,361
Commercial real estate	10,123		—		—		10,123
Mortgage
1-4 family owner occupied - non-jumbo	432		—		—		432
1-4 family non-owner occupied	14		—		—		14
1-4 family - 2nd lien	238		—		—		238
Resort lending	37		—		—		37
Installment
Boat lending	150		—		—		150
Recreational vehicle lending	153		—		—		153
Other	70		—		—		70

______________________________________


(1)			Included in accrued income and other assets in the Consolidated Statements of Financial Condition.


(2)			Included in accrued expenses and other liabilities in the Consolidated Statements of Financial Condition.


(3)			Only includes individually evaluated loans with specific loss allocations based on collateral value.


			Fair Value Measurements Using
	Fair Value Measure- ments		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Un- observable Inputs (Level 3)
	(In thousands)
December 31, 2024:
Measured at Fair Value on a Recurring Basis
Assets
Securities available for sale
U.S. agency	$	8,159	$	—	$	8,159	$	—
U.S. agency residential mortgage-backed	71,137		—		71,137		—
U.S. agency commercial mortgage-backed	11,641		—		11,641		—
Private label mortgage-backed	70,035		—		70,035		—
Other asset backed	38,516		—		38,516		—
Obligations of states and political subdivisions	288,791		—		288,791		—
Corporate	69,921		—		69,921		—
Trust preferred	982		—		982		—
Loans held for sale	7,643		—		7,643		—
Capitalized mortgage loan servicing rights	46,796		—		—		46,796
Derivatives (1)	37,059		—		37,059		—
Liabilities
Derivatives (2)	18,623		—		18,623		—

Measured at Fair Value on a Non-recurring Basis:
Assets

Collateral dependent loans (3)
Commercial
Commercial and industrial	4,205		—		—		4,205
Commercial real estate	132		—		—		132
Mortgage
1-4 family owner occupied - non-jumbo	627		—		—		627

1-4 family - 2nd lien	170		—		—		170
Resort lending	92		—		—		92
Installment
Boat lending	56		—		—		56
Recreational vehicle lending	172		—		—		172
Other	59		—		—		59

________________________________________


(1)			Included in accrued income and other assets in the Consolidated Statements of Financial Condition.


(2)			Included in accrued expenses and other liabilities in the Consolidated Statements of Financial Condition.


(3)			Only includes individually evaluated loans with specific loss allocations based on collateral value.

Schedule of Fair Value Option, Disclosures

Changes in fair values of financial assets for which we have elected the fair value option for the years ended December 31 were as follows:


	Net Gains (Losses) on Assets -Mortgage Loans		Mortgage Loan Servicing, net		Total Change in Fair Values Included in Current Period Earnings
	(In thousands)

2025
Loans held for sale	$	49	$	—	$	49
Capitalized mortgage loan servicing rights	—		(5,741)		(5,741)

2024
Loans held for sale	139		—		139
Capitalized mortgage loan servicing rights	—		533		533

2023
Loans held for sale	2,281		—		2,281
Capitalized mortgage loan servicing rights	—		(4,202)		(4,202)

Schedule of Reconciliation for all Assets Measured at Fair Value on a Recurring Basis Using Significant Unobservable Inputs (Level 3)

A reconciliation for all assets and (liabilities) measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the years ended December 31 follows:


	Capitalized Mortgage Loan Servicing Rights
	2025		2024		2023
	(In thousands)
Beginning balance	$	46,796	$	42,243	$	42,489
Total losses realized and unrealized:
Included in results of operations	(5,741)		533		(4,202)
Included in results of operations - gain on sale (1)	(233)		—		—
Included in other comprehensive income (loss)	—		—		—
Purchases, issuances, settlements, maturities and calls	3,494		4,020		3,956
Sales (1)	(12,823)		—		—
Transfers in and/or out of Level 3	—		—		—
Ending balance	$	31,493	$	46,796	$	42,243

Amount of total gains (losses) for the period included in earnings attributable to the change in unrealized losses relating to assets and liabilities still held at December 31	$	(5,741)	$	533	$	(4,202)

Schedule of Quantitative Information About Level 3 Fair Value Measurements Measured on a Recurring Basis and Non-recurring Basis

value of our capitalized mortgage loan servicing rights. Quantitative information about our Level 3 fair value measurements measured on a recurring basis follows:


	Asset Fair Value		Valuation Technique	Unobservable Inputs	Range		Weighted Average
	(In thousands)
2025
Capitalized mortgage loan servicing rights	$	31,493	Present value of net servicing revenue	Discount rate	9.50% to 18.65%		9.94		%
				Cost to service	$69 to $817		$	80
				Ancillary income	20 to 30		20
				Float rate	3.75	%	3.75		%
				Prepayment rate	5.39% to 39.62%		9.60		%

2024
Capitalized mortgage loan servicing rights	$	46,796	Present value of net servicing revenue	Discount rate	10.00% to 19.15%		10.37		%
				Cost to service	$70 to $817		$	79
				Ancillary income	20 to 30		20
				Float rate	4.33	%	4.33		%
				Prepayment rate	5.40% to 28.28%		7.54		%

Quantitative information about Level 3 fair value measurements measured on a non-recurring basis follows:

Asset
Fair
Value

Valuation
Technique

Unobservable
Inputs

Range

Weighted
Average

(In thousands)

2025

Collateral dependent loans

Commercial

9,826

(1)

Income approach

Discount rates used

9.0% to 16.0%

13.5

Sales comparison approach

Adjustment for differences between comparable sales

(50.0) to 15.0

(0.6)

7,010

Discounting financial statement and machinery and equipment appraised values

Discount rates used

40.0 to 65.0

47.2

648

Sales comparison approach

Adjustment for differences between comparable sales

(18.0) to 65.0

8.7

Mortgage and Installment (2)

1,094

Sales comparison approach

Adjustment for differences between comparable sales

(17.7) to 16.9

0.2

2024

Collateral dependent loans

Commercial

4,337

Discounting financial statement and machinery and equipment appraised values

Discount rates used

45.0% to 55.0%

50.5%

Sales comparison approach

Adjustment for differences between comparable sales

(20.0) to 35.0

(1.4)

Mortgage and Installment (2)

1,176

Sales comparison approach

Adjustment for differences between comparable sales

(22.0) to 21.7

(0.4)

______________________________________


(1)			We have one commercial loan relationship that is cross collateralized by several properties whose appraisals used different valuation techniques.
(2)			In addition to the valuation techniques and unobservable inputs discussed above, at December 31, 2025 and 2024 certain collateral dependent installment loans totaling approximately $0.37 million and $0.29 million, respectively, are secured by collateral other than real estate. For the majority of these loans, we apply internal discount rates to industry valuation guides.

Schedule of Aggregate Fair Value and Aggregate Remaining Contractual Principal Balance for Loans Held for Sale


	Aggregate Fair Value		Difference		Contractual Principal
	(In thousands)
Loans held for sale
2025	$	9,031	$	127	$	8,904
2024	7,643		78		7,565
2023	12,063		(61)		12,124

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

+ References + Details

SHARE BASED COMPENSATION AND BENEFIT PLANS (Tables)

12 Months Ended

Dec. 31, 2025

Share-Based Payment Arrangement [Abstract]

Share-based Payment Arrangement, Option, Activity

A summary of outstanding stock option grants and related transactions follows:


	Number of Shares	Average Exercise Price		Weighted- Average Remaining Contractual Term (Years)	Aggregated Intrinsic Value
					(In thousands)
Outstanding at January 1, 2025	5,583	$	13.43
Granted	—
Exercised	(2,793)	13.43
Forfeited	—
Expired	—
Outstanding at December 31, 2025	2,790	$	13.43	1.14	$	53

Vested and expected to vest at December 31, 2025	2,790	$	13.43	1.14	$	53
Exercisable at December 31, 2025	2,790	$	13.43	1.14	$	53

Schedule of Cash Proceeds and Tax Benefit from share-Based Payment Awards Exercised

Certain information regarding options exercised during the periods ending December 31 follows:


	2025		2024		2023
	(In thousands)
Intrinsic value	$	64	$	99	$	352
Cash proceeds received	$	—	$	12	$	198
Tax benefit realized	$	13	$	21	$	74

Schedule of Nonvested Restricted Stock Units Activity

A summary of outstanding non-vested stock (restricted stock and PSUs) and related transactions follows:


	Number of Shares	Weighted- Average Grant Date Fair Value
Outstanding at January 1, 2025	266,986	$	24.64
Granted	69,695	37.14
Vested	(74,623)	26.99
Forfeited	(11,845)	24.22
Outstanding at December 31, 2025	250,213	$	27.70

GOODWILL AND OTHER INTANGIBLES

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND OTHER INTANGIBLES

Intangible assets, net of amortization, at December 31 follows:


	2025				2024
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
	(In thousands)
Amortized intangible assets - core deposits	$	11,916	$	10,915	$	11,916	$	10,428
Unamortized intangible assets - goodwill	$	28,300			$	28,300

At December 31, 2025, the Bank (our reporting unit) had positive equity and elected to perform a qualitative assessment to determine if it was more likely than not that the fair value of the Bank exceeds its carrying value, including goodwill. The qualitative assessment indicated that it was more likely than not that the fair value of the Bank exceeded its carrying value, resulting in no impairment.

Intangible amortization expense was $0.5 million for each of the years ended 2025, 2024 and 2023, respectively.

A summary of estimated core deposit intangible amortization at December 31, 2025, follows:


	(In thousands)
2026	$	460
2027	434
2028	107
Total	$	1,001

DERIVATIVE FINANCIAL INSTRUMENTS - Fair Values of Derivative Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Derivative Instruments, Gain (Loss) [Line Items]
Asset Derivatives	$ 29,584	$ 37,059
Liability Derivatives	19,551	18,623
Designated as Hedging Instrument
Derivative Instruments, Gain (Loss) [Line Items]
Asset Derivatives	11,861	18,624
Liability Derivatives	2,026	350
Designated as Hedging Instrument \| Interest rate cap agreements \| Other assets
Derivative Instruments, Gain (Loss) [Line Items]
Asset Derivatives	78	646
Designated as Hedging Instrument \| Interest rate cap agreements \| Other liabilities
Derivative Instruments, Gain (Loss) [Line Items]
Liability Derivatives	0	0
Designated as Hedging Instrument \| Interest rate floor agreements \| Other assets
Derivative Instruments, Gain (Loss) [Line Items]
Asset Derivatives	4,669	3,642
Designated as Hedging Instrument \| Interest rate floor agreements \| Other liabilities
Derivative Instruments, Gain (Loss) [Line Items]
Liability Derivatives	0	0
Designated as Hedging Instrument \| Fixed Income Interest Rate \| Interest rate swap agreement \| Other assets
Derivative Instruments, Gain (Loss) [Line Items]
Asset Derivatives	7,114	14,336
Designated as Hedging Instrument \| Fixed Income Interest Rate \| Interest rate swap agreement \| Other liabilities
Derivative Instruments, Gain (Loss) [Line Items]
Liability Derivatives	2,026	350
No hedge designation
Derivative Instruments, Gain (Loss) [Line Items]
Asset Derivatives	17,723	18,435
Liability Derivatives	17,525	18,273
No hedge designation \| Rate-lock mortgage loan commitments \| Other assets
Derivative Instruments, Gain (Loss) [Line Items]
Asset Derivatives	230	100
No hedge designation \| Rate-lock mortgage loan commitments \| Other liabilities
Derivative Instruments, Gain (Loss) [Line Items]
Liability Derivatives	0	0
No hedge designation \| Mandatory commitments to sell mortgage loans \| Other assets
Derivative Instruments, Gain (Loss) [Line Items]
Asset Derivatives	0	62
No hedge designation \| Mandatory commitments to sell mortgage loans \| Other liabilities
Derivative Instruments, Gain (Loss) [Line Items]
Liability Derivatives	32	0
No hedge designation \| Fixed Income Interest Rate \| Interest rate swap agreement \| Other assets \| Commercial
Derivative Instruments, Gain (Loss) [Line Items]
Asset Derivatives	7,074	15,799
No hedge designation \| Fixed Income Interest Rate \| Interest rate swap agreement \| Other liabilities \| Commercial
Derivative Instruments, Gain (Loss) [Line Items]
Liability Derivatives	10,419	2,474
No hedge designation \| Variable Income Interest Rate \| Interest rate swap agreement \| Other assets \| Commercial
Derivative Instruments, Gain (Loss) [Line Items]
Asset Derivatives	10,419	2,474
No hedge designation \| Variable Income Interest Rate \| Interest rate swap agreement \| Other liabilities \| Commercial
Derivative Instruments, Gain (Loss) [Line Items]
Liability Derivatives	$ 7,074	$ 15,799

Cover - USD ($)	12 Months Ended
Cover - USD ($)	Dec. 31, 2025	Mar. 05, 2026	Jun. 30, 2025
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2025
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	0-7818
Entity Registrant Name	INDEPENDENT BANK CORPORATION
Entity Incorporation, State or Country Code	MI
Entity Tax Identification Number	38-2032782
Entity Address, Address Line One	4200 East Beltline
Entity Address, City or Town	Grand Rapids
Entity Address, State or Province	MI
Entity Address, Postal Zip Code	49525
City Area Code	616
Local Phone Number	527-5820
Security12bTitle	Common Stock, No Par Value
Trading Symbol	IBCP
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 655,032,770
Entity Common Stock, Shares Outstanding		20,588,446
Documents Incorporated by Reference	Documents incorporated by reference: Portions of our definitive proxy statement and annual report, to be delivered to shareholders in connection with the April 21, 2026 Annual Meeting of Shareholders, are incorporated by reference into Part I, Part II, Part III, and Part IV of this Form 10-K.
Entity central index key	0000039311
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2025
Amendment flag	false

GOODWILL AND OTHER INTANGIBLES - Summary of Intangible Assets, Net of Amortization (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Gross Carrying Amount	$ 11,916	$ 11,916
Accumulated Amortization	10,915	10,428
Goodwill	$ 28,300	$ 28,300

- Definition

Amount, after accumulated impairment loss, of asset representing future economic benefit arising from other asset acquired in business combination or from joint venture formation or both, that is not individually identified and separately recognized.

+ References

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+ Details

COMMITMENTS AND CONTINGENT LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2025

Commitments and Contingencies Disclosure [Abstract]

Summary of Financial Instruments with Off-Balance Sheet Risk

A summary of financial instruments with off-balance sheet risk at December 31 follows:


	2025				2024
	Fixed Rate		Variable Rate		Fixed Rate		Variable Rate
	(In thousands)
Financial instruments whose risk is represented by contract amounts
Commitments to extend credit	$	154,519	$	922,192	$	135,449	$	816,850
Standby letters of credit	20		13,786		715		12,312

SUBORDINATED DEBT AND DEBENTURES

12 Months Ended

Dec. 31, 2025

Subordinated Borrowings [Abstract]

SUBORDINATED DEBT AND DEBENTURES

Subordinated Debt

In May 2020, we issued $40.0 million of fixed to floating subordinated notes with a ten year maturity (May 31, 2030 maturity date) and a five year call option. The initial coupon rate was 5.95% fixed for five years and then floated at the Secured Overnight Financing Rate (“SOFR”) plus 5.825%. These notes are presented in the Consolidated Statements of Financial Condition under the caption “Subordinated debt” and the balances of zero and $39.59 million at December 31, 2025 and 2024, respectively. The December 31, 2024 balance was net of remaining unamortized deferred issuance costs of approximately $0.41 million that was being amortized through the maturity date into interest expense on other borrowings and subordinated debt and debentures in our Consolidated Statements of Operations. On September 2, 2025 we redeemed our $40.0 million floating subordinated notes. As a result, we accelerated the remaining unamortized net issuance costs of $0.36 million during the third quarter of 2025 into interest expense.

Subordinated Debentures

We have formed various special purpose entities (the ‘‘trusts’’) for the purpose of issuing trust preferred securities in either public or pooled offerings or in private placements. Independent Bank Corporation owns all of the common stock of each trust and has issued subordinated debentures to each trust in exchange for all of the proceeds from the issuance of the common stock and the trust preferred securities. Trust preferred securities totaling $38.6 million and $38.6 million at December 31, 2025 and 2024, respectively, qualified as Tier 1 regulatory capital.

These trusts are not consolidated with Independent Bank Corporation and accordingly, we report the common securities of the trusts held by us in accrued income and other assets and the subordinated debentures that we have issued to the trusts in the liability section of our Consolidated Statements of Financial Condition.

As the result of a previous acquisition we acquired TCSB Statutory Trust I as summarized in the tables below at a discount. The discount at acquisition totaled $1.4 million and is being amortized through its maturity date and is included in interest expense – other borrowings and subordinated debt and debentures in the Consolidated Statements of Operations.

Summary information regarding subordinated debentures as of December 31 follows:


		2025
Entity Name	Issue Date	Subordinated Debentures		Trust Preferred Securities Issued		Common Stock Issued
		(In thousands)
IBC Capital Finance III	May 2007	$	12,372	$	12,000	$	372
IBC Capital Finance IV	September 2007	15,465		15,000		465
Midwest Guaranty Trust I	November 2002	7,732		7,500		232
TCSB Statutory Trust I	March 2005	5,155		5,000		155
Discount on TCSB Statutory Trust I		(860)		(860)		—
		$	39,864	$	38,640	$	1,224


		2024
Entity Name	Issue Date	Subordinated Debentures		Trust Preferred Securities Issued		Common Stock Issued
		(In thousands)
IBC Capital Finance III	May 2007	$	12,372	$	12,000	$	372
IBC Capital Finance IV	September 2007	15,465		15,000		465
Midwest Guaranty Trust I	November 2002	7,732		7,500		232
TCSB Statutory Trust I	March 2005	5,155		5,000		155
Discount on TCSB Statutory Trust I		(928)		(928)		—
		$	39,796	$	38,572	$	1,224

Other key terms for the subordinated debentures and trust preferred securities that were outstanding at December 31, 2025 and 2024 follow:

Entity Name

Maturity
Date

Interest Rate

First Permitted
Redemption Date

IBC Capital Finance III

July 30, 2037

3 month SOFR plus 1.86%

July 30, 2012

IBC Capital Finance IV

September 15, 2037

3 month SOFR plus 3.11%

September 15, 2012

Midwest Guaranty Trust I

November 7, 2032

3 month SOFR plus 3.71%

November 7, 2007

TCSB Statutory Trust I

March 17, 2035

3 month SOFR plus 2.46%

March 17, 2010

The subordinated debentures and trust preferred securities are cumulative and have a feature that permits us to defer distributions (payment of interest) from time to time for a period not to exceed 20 consecutive quarters. Interest is payable quarterly on each of the subordinated debentures and trust preferred securities and no distributions were deferred at December 31, 2025 and 2024.

We have the right to redeem the subordinated debentures and trust preferred securities (at par) in whole or in part from time to time on or after the first permitted redemption date specified above or upon the occurrence of specific events defined within the trust indenture agreements.

Distributions (payment of interest) on the trust preferred securities are included in interest expense – other borrowings and subordinated debt and debentures in the Consolidated Statements of Operations.

ACCUMULATED OTHER COMPREHENSIVE LOSS - Reclassification Out of Each Component of AOCIL (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2025	Sep. 30, 2025	Jun. 30, 2025	Mar. 31, 2025	Dec. 31, 2024	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Reclassifications out of AOCIL [Abstract]
Income tax expense									$ 12,750	$ 16,256	$ 14,609
Interest income	$ 67,425	$ 69,290	$ 66,878	$ 66,144	$ 66,978	$ 68,334	$ 66,338	$ 65,126	269,737	266,776	239,677
Interest expense	46,354	45,361	44,615	43,685	42,851	41,854	41,346	40,197	180,015	166,248	156,329
Income before income tax	20,311	21,176	20,678	19,126	22,768	17,291	23,166	19,821	81,291	83,046	73,676
Reclassifications, net of tax	$ 18,572	$ 17,502	$ 16,877	$ 15,590	$ 18,461	$ 13,810	$ 18,528	$ 15,991	68,541	66,790	59,067
Reclassified From AOCL
Reclassifications out of AOCIL [Abstract]
Reclassifications, net of tax									(1,961)	(1,417)	(520)
Unrealized Losses on Securities AFS \| Reclassified From AOCL
Reclassifications out of AOCIL [Abstract]
Net losses on securities available for sale									(370)	(428)	(222)
Income tax expense									(77)	(90)	(47)
Reclassifications, net of tax									(293)	(338)	(175)
Unrealized Gains (Losses) on Derivative Instruments \| Reclassified From AOCL
Reclassifications out of AOCIL [Abstract]
Income tax expense									(443)	(287)	(92)
Interest income									(2,088)	(1,366)	(437)
Interest expense									23
Income before income tax									(2,111)
Reclassifications, net of tax									$ (1,668)	$ (1,079)	$ (345)

SECURITIES - Amortized Cost and Fair Value of Securities Available for Sale Contractual Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Securities AFS, Amortized Cost
Maturing within one year	$ 23,447
Maturing after one year but within five years	122,874
Maturing after five years but within ten years	44,713
Maturing after ten years	187,033
Securities available-for-sale, amortized cost	378,067
Total securities available-for-sale, amortized cost	546,863	$ 621,588
Securities AFS, Fair Value
Maturing within one year	23,218
Maturing after one year but within five years	117,098
Maturing after five years but within ten years	40,445
Maturing after ten years	156,206
Total securities available-for-sale, fair value	336,967
Total securities available-for-sale, fair value	495,909	559,182
U.S. agency residential mortgage-backed
Securities AFS, Amortized Cost
Available-for-sale securities, without single maturity, amortized cost	87,435
Total securities available-for-sale, amortized cost	87,435	80,589
Securities AFS, Fair Value
Available-for-sale securities, without single maturity, fair value.	81,065
Total securities available-for-sale, fair value	81,065	71,137
U.S. agency commercial mortgage-backed
Securities AFS, Amortized Cost
Available-for-sale securities, without single maturity, amortized cost	8,039
Total securities available-for-sale, amortized cost	8,039	12,821
Securities AFS, Fair Value
Available-for-sale securities, without single maturity, fair value.	7,186
Total securities available-for-sale, fair value	7,186	11,641
Private label mortgage-backed
Securities AFS, Amortized Cost
Available-for-sale securities, without single maturity, amortized cost	42,689
Total securities available-for-sale, amortized cost	42,689	74,268
Securities AFS, Fair Value
Available-for-sale securities, without single maturity, fair value.	40,506
Total securities available-for-sale, fair value	40,506	70,035
Other asset backed
Securities AFS, Amortized Cost
Available-for-sale securities, without single maturity, amortized cost	30,633
Total securities available-for-sale, amortized cost	30,633	39,232
Securities AFS, Fair Value
Available-for-sale securities, without single maturity, fair value.	30,185
Total securities available-for-sale, fair value	$ 30,185	$ 38,516

QUARTERLY FINANCIAL DATA (UNAUDITED) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2025	Sep. 30, 2025	Jun. 30, 2025	Mar. 31, 2025	Dec. 31, 2024	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Quarterly Financial Information Disclosure [Abstract]
Interest income	$ 67,425	$ 69,290	$ 66,878	$ 66,144	$ 66,978	$ 68,334	$ 66,338	$ 65,126	$ 269,737	$ 266,776	$ 239,677
Net interest income	46,354	45,361	44,615	43,685	42,851	41,854	41,346	40,197	180,015	166,248	156,329
Provision for credit losses	1,923	1,991	1,500	721	2,217	1,488	19	744	6,135	4,468	6,210
Income before income tax	20,311	21,176	20,678	19,126	22,768	17,291	23,166	19,821	81,291	83,046	73,676
Net income	$ 18,572	$ 17,502	$ 16,877	$ 15,590	$ 18,461	$ 13,810	$ 18,528	$ 15,991	$ 68,541	$ 66,790	$ 59,067
Net income per common share
Basic (in dollars per share)	$ 0.90	$ 0.85	$ 0.81	$ 0.74	$ 0.88	$ 0.66	$ 0.89	$ 0.77	$ 3.30	$ 3.20	$ 2.82
Diluted (in dollars per share)	0.89	0.84	0.81	0.74	0.87	0.65	0.88	0.76	3.27	3.16	2.79
Class of Stock [Line Items]
Cash Dividends Declared (in dollars per share)	0.26	0.26	0.26	0.26	0.24	0.24	0.24	0.24	1.04	0.96	$ 0.92
Closing price (in dollars per share)	32.53	30.98	32.41	30.79	34.83	33.35	27.00	25.35	32.53	34.83
Maximum
Class of Stock [Line Items]
Closing price (in dollars per share)	35.67	34.72	33.07	37.13	40.32	35.97	27.88	27.34	35.67	40.32
Minimum
Class of Stock [Line Items]
Closing price (in dollars per share)	$ 29.83	$ 29.63	$ 26.75	$ 29.75	$ 30.95	$ 25.46	$ 22.53	$ 22.80	$ 29.83	$ 30.95

FAIR VALUES OF FINANCIAL INSTRUMENTS (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Assets
Securities available for sale	$ 495,909	$ 559,182
Securities held to maturity (fair value of $282,830 at December 31, 2025 and $301,860 at December 31, 2024)	309,523	339,436
Federal Home Loan Bank and Federal Reserve Bank Stock	18,102	16,099
Liabilities
Subordinated debentures	39,864	39,796
Reciprocal deposits included in deposits with no stated maturity	862,697	797,224
Reciprocal deposits included in deposits with stated maturity	112,224	109,807
Recorded Book Balance
Assets
Cash and due from banks	52,235	56,984
Interest bearing deposits	86,152	62,898
Securities available for sale	495,909	559,182
Securities held to maturity (fair value of $282,830 at December 31, 2025 and $301,860 at December 31, 2024)	309,523	339,436
Federal Home Loan Bank and Federal Reserve Bank Stock	18,102	16,099
Net loans and loans held for sale	4,221,871	3,987,089
Accrued interest receivable	19,030	19,113
Derivative financial instruments	29,584	37,059
Liabilities
Deposits with no stated maturity	3,967,941	3,806,185
Deposits with stated maturity	793,741	847,903
Accrued interest payable	1,892	3,109
Derivative financial instruments	19,551	18,623
Recorded Book Balance \| Other Borrowings
Liabilities
Borrowings	77,003	45,009
Recorded Book Balance \| Subordinated Debt
Liabilities
Borrowings		39,586
Recorded Book Balance \| Subordinated Debentures
Liabilities
Borrowings	39,864	39,796
Fair Value
Assets
Cash and due from banks	52,235	56,984
Interest bearing deposits	86,152	62,898
Securities available for sale	495,909	559,182
Securities held to maturity (fair value of $282,830 at December 31, 2025 and $301,860 at December 31, 2024)	282,830	301,860
Net loans and loans held for sale	4,062,200	3,772,862
Accrued interest receivable	19,030	19,113
Derivative financial instruments	29,584	37,059
Liabilities
Deposits with no stated maturity	3,967,941	3,806,185
Deposits with stated maturity	791,598	845,534
Accrued interest payable	1,892	3,109
Derivative financial instruments	19,551	18,623
Fair Value \| Other Borrowings
Liabilities
Borrowings	76,680	44,996
Fair Value \| Subordinated Debt
Liabilities
Borrowings		40,412
Fair Value \| Subordinated Debentures
Liabilities
Borrowings	39,761	40,235
Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets
Cash and due from banks	52,235	56,984
Interest bearing deposits	86,152	62,898
Securities available for sale	0	0
Securities held to maturity (fair value of $282,830 at December 31, 2025 and $301,860 at December 31, 2024)	0	0
Net loans and loans held for sale	0	0
Accrued interest receivable	35	46
Derivative financial instruments	0	0
Liabilities
Deposits with no stated maturity	3,967,941	3,806,185
Deposits with stated maturity	0	0
Accrued interest payable	316	374
Derivative financial instruments	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Other Borrowings
Liabilities
Borrowings	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Subordinated Debt
Liabilities
Borrowings		0
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Subordinated Debentures
Liabilities
Borrowings	0	0
Significant Other Observable Inputs (Level 2)
Assets
Cash and due from banks	0	0
Interest bearing deposits	0	0
Securities available for sale	495,909	559,182
Securities held to maturity (fair value of $282,830 at December 31, 2025 and $301,860 at December 31, 2024)	282,830	301,860
Net loans and loans held for sale	9,031	7,643
Accrued interest receivable	5,043	5,606
Derivative financial instruments	29,584	37,059
Liabilities
Deposits with no stated maturity	0	0
Deposits with stated maturity	791,598	845,534
Accrued interest payable	1,576	2,735
Derivative financial instruments	19,551	18,623
Significant Other Observable Inputs (Level 2) \| Other Borrowings
Liabilities
Borrowings	76,680	44,996
Significant Other Observable Inputs (Level 2) \| Subordinated Debt
Liabilities
Borrowings		40,412
Significant Other Observable Inputs (Level 2) \| Subordinated Debentures
Liabilities
Borrowings	39,761	40,235
Significant Un- observable Inputs (Level 3)
Assets
Cash and due from banks	0	0
Interest bearing deposits	0	0
Securities available for sale	0	0
Securities held to maturity (fair value of $282,830 at December 31, 2025 and $301,860 at December 31, 2024)	0	0
Net loans and loans held for sale	4,053,169	3,765,219
Accrued interest receivable	13,952	13,461
Derivative financial instruments	0	0
Liabilities
Deposits with no stated maturity	0	0
Deposits with stated maturity	0	0
Accrued interest payable	0	0
Derivative financial instruments	0	0
Significant Un- observable Inputs (Level 3) \| Other Borrowings
Liabilities
Borrowings	0	0
Significant Un- observable Inputs (Level 3) \| Subordinated Debt
Liabilities
Borrowings		0
Significant Un- observable Inputs (Level 3) \| Subordinated Debentures
Liabilities
Borrowings	$ 0	$ 0

LEASES - Supplemental Balance Sheet Information (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Assets and Liabilities, Lessee [Abstract]
Lease right of use asset	$ 7,296	$ 5,971
Lease liabilities	$ 7,528	$ 6,338
Weighted average remaining lease term (years)	6 years 9 months 14 days	7 years 25 days
Weighted average discount rate	4.40%	3.70%
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Accrued income and other assets	Accrued income and other assets
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Accrued expenses and other liabilities	Accrued expenses and other liabilities

INCOME TAX (Tables)

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

Schedule of Composition of Income Tax Expense

The composition of income tax expense for the years ended December 31 follows:


	2025		2024		2023
	(In thousands)
Current expense	$	16,281	$	17,504	$	14,394
Deferred expense (benefit)	(3,531)		(1,248)		215
Income tax expense	$	12,750	$	16,256	$	14,609

Schedule of Reconciliation of Income Tax Expense

A reconciliation of income tax expense to the amount computed by applying the statutory federal income tax rate of 21% for 2025, 2024 and 2023 to the income before income tax for the years ended December 31 follows:


	2025			2024			2023
	(In thousands)
U.S. statutory rate applied to income before income tax	$	17,071	21.0%	$	17,440	21.0%	$	15,472	21.0%
Tax credits
Purchased tax credits	(1,836)		(2.3)	—		—	—		—
Tax credit investments, net of amortization	(807)		(1.0)	(373)		(0.5)	(235)		(0.3)
Nontaxable and nondeductible items
Tax-exempt interest income	(1,155)		(1.4)	(522)		(0.6)	(508)		(0.7)
Bank owned life insurance	(249)		(0.3)	(175)		(0.2)	(99)		(0.1)

Non-deductible meals, entertainment and memberships	114		0.1	83		0.1	77		0.1
Share-based compensation	(323)		(0.4)	(130)		(0.2)	(50)		(0.1)
Employee stock ownership plan dividends	(116)		(0.1)	(108)		(0.1)	(106)		(0.2)
Other, net	51		0.1	41		0.1	58		0.1
Income tax expense	$	12,750	15.7%	$	16,256	19.6%	$	14,609	19.8%

Schedule of Deferred Tax Assets and Deferred Tax Liabilities

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at December 31 follow:


	2025		2024
	(In thousands)
Deferred tax assets
Allowance for credit losses	$	13,323	$	12,470
Unrealized loss on securities AFS	10,700		13,105
Unrealized loss on securities HTM transferred from AFS	2,726		3,396
Incentive compensation	1,839		2,052
Lease liabilities	1,581		1,331
Property and equipment	1,479		1,545
Reserve for unfunded lending commitments	1,142		1,078
Share-based compensation	1,082		861
Deferred compensation	645		621
Non accrual loan interest income	300		128
Unrealized loss on derivative financial instruments	367		551
Loss reimbursement on sold loans reserve	252		260
Other than temporary impairment charge on securities available for sale	147		146
Securities premium amortization	91		831
Gross deferred tax assets	35,674		38,375
Deferred tax liabilities
Capitalized mortgage loan servicing rights	6,614		9,827
Deferred loan fees	2,256		2,245
Lease right of use asset	1,532		1,254
Purchase premiums, net	443		517


Other	94		69
Gross deferred tax liabilities	10,939		13,912
Deferred tax assets, net (1)	$	24,735	$	24,463


(1)			Included in accrued income and other assets on the Consolidated Statements of Financial Position.

Schedule of Unrecognized Tax Benefits Roll Forward

Changes in unrecognized tax benefits for the years ended December 31 follow:


	2025		2024		2023
	(In thousands)
Balance at beginning of year	$	188	$	188	$	186
Additions based on tax positions related to the current year	26		18		13
Reductions due to the statute of limitations	(20)		(18)		(11)
Reductions due to settlements	—		—		—
Balance at end of year	$	194	$	188	$	188

REGULATORY MATTERS - Narrative (Details) $ in Millions	Dec. 31, 2025 USD ($)	Dec. 31, 2024
Regulatory Matters [Abstract]
Undivided profits	$ 222.6
Capital conservation buffer	0.0250	0.0250

SHARE BASED COMPENSATION AND BENEFIT PLANS

12 Months Ended

Dec. 31, 2025

Share-Based Payment Arrangement [Abstract]

SHARE BASED COMPENSATION AND BENEFIT PLANS

We maintain share based payment plans that include a non-employee director stock purchase plan and a long-term incentive plan that permits the issuance of share based compensation, including stock options and non-vested share awards. The long-term incentive plan, which is shareholder approved, permits the grant of additional share based awards for up to 0.30 million shares of common stock as of December 31, 2025. The non-employee director stock purchase plan permits the issuance of additional share based payments for up to 0.05 million shares of common stock as of December 31, 2025. Share based awards and payments are measured at fair value at the date of grant and are expensed over the requisite service period. Common shares issued upon exercise of stock options come from currently authorized but unissued shares.

During 2025, 2024 and 2023 pursuant to our long-term incentive plan, we granted 0.05 million, 0.09 million and 0.08 million shares, respectively of restricted stock and 0.02 million during each year of performance stock units (‘‘PSU’’), to certain officers. The shares of restricted stock and PSUs generally cliff vest after a period of three years. The performance criteria of the PSUs is split evenly between a comparison of (i) our total shareholder return and (ii) our return on average assets each over the three year period starting on the grant date to these same criteria over that period to an index of our banking peers.

Our directors may elect to receive all or a portion of their cash retainer fees in the form of common stock (either on a current basis or on a deferred basis) pursuant to the non-employee director stock purchase plan referenced above. Shares equal in value to that portion of each director’s fees that he or she has elected to receive in stock on a current basis are issued each quarter and vest immediately. Shares issued on a deferred basis are credited at the rate of 90% of the current fair value of our common stock and vest immediately. We issued 0.01 million, 0.01 million and 0.02 million shares to directors pursuant to this plan during each of the years ending 2025, 2024 and 2023, respectively and expensed their value during those same periods.

Total compensation expense recognized for grants pursuant to our long-term incentive plan was $2.5 million, $2.1 million and $1.9 million in 2025, 2024 and 2023, respectively. The corresponding tax benefit relating to this expense was $0.5 million, $0.4 million, and $0.4 million during each year, respectively. Total expense recognized for non-employee director share based payments was $0.3 million, $0.2 million, and $0.4 million for the years ending 2025, 2024 and 2023, respectively. The corresponding tax benefit relating to this expense was $0.06 million, $0.05 million and $0.08 million in 2025, 2024 and 2023, respectively.

A summary of outstanding stock option grants and related transactions follows:


	Number of Shares	Average Exercise Price		Weighted- Average Remaining Contractual Term (Years)	Aggregated Intrinsic Value
					(In thousands)
Outstanding at January 1, 2025	5,583	$	13.43
Granted	—
Exercised	(2,793)	13.43
Forfeited	—
Expired	—
Outstanding at December 31, 2025	2,790	$	13.43	1.14	$	53

Vested and expected to vest at December 31, 2025	2,790	$	13.43	1.14	$	53
Exercisable at December 31, 2025	2,790	$	13.43	1.14	$	53

Certain information regarding options exercised during the periods ending December 31 follows:


	2025		2024		2023
	(In thousands)
Intrinsic value	$	64	$	99	$	352
Cash proceeds received	$	—	$	12	$	198
Tax benefit realized	$	13	$	21	$	74

A summary of outstanding non-vested stock (restricted stock and PSUs) and related transactions follows:


	Number of Shares	Weighted- Average Grant Date Fair Value
Outstanding at January 1, 2025	266,986	$	24.64
Granted	69,695	37.14
Vested	(74,623)	26.99
Forfeited	(11,845)	24.22
Outstanding at December 31, 2025	250,213	$	27.70

At December 31, 2025, the total expected compensation cost related to non-vested restricted stock and PSUs not yet recognized was $2.8 million. The weighted-average period over which this amount will be recognized is 1.85 years.

We maintain 401(k) and employee stock ownership plans covering substantially all of our full-time employees. We matched 50% of employee contributions to the 401(k) plan up to a maximum of 8% of participating employees’ eligible wages for 2025, 2024 and 2023. Contributions to the employee stock ownership plan are determined annually and require approval of our Board of Directors. The maximum contribution is 6% of employees’ eligible wages. Contributions to the employee stock ownership plan were 2% for each of 2025, 2024 and 2023. Amounts expensed for these retirement plans were $3.4 million, $3.3 million and $3.1 million in 2025, 2024 and 2023, respectively.

Our employees participate in various performance-based compensation plans. Amounts expensed for all incentive plans totaled $11.6 million, $12.9 million and $8.0 million in 2025, 2024 and 2023, respectively.

We also provide certain health care and life insurance programs to substantially all full-time employees. Amounts expensed for these programs totaled $6.7 million, $7.1 million and $7.2 million in 2025, 2024 and 2023 respectively.

These insurance programs are also available to retired employees at their own expense.

LOANS (Tables)

12 Months Ended

Dec. 31, 2025

Receivables [Abstract]

Loan Portfolios

Our loan portfolios by class at December 31 follow:


	2025		2024
	(In thousands)
Commercial
Commercial and industrial	$	1,158,841	$	1,001,329
Commercial real estate	1,054,716		936,035
Total commercial	2,213,557		1,937,364

Mortgage
1-4 family owner occupied - jumbo	878,761		875,551
1-4 family owner occupied - non-jumbo	289,562		299,142
1-4 family non-owner occupied	172,293		176,950
1-4 family - 2nd lien	157,597		133,947
Resort lending	26,608		31,136
Total mortgage	1,524,821		1,516,726

Installment
Boat lending	272,512		264,341
Recreational vehicle lending	191,857		224,537
Other	73,538		95,857
Total installment	537,907		584,735

Total loans	4,276,285		4,038,825
Allowance for credit losses	(63,445)		(59,379)
Net Loans	$	4,212,840	$	3,979,446

Financing Receivable, Current, Allowance for Credit Loss

An analysis of the ACL by portfolio segment for the years ended December 31 follows:


	Commercial		Mortgage		Installment		Subjective Allocation		Total
	(In thousands)
2025
Balance at beginning of period	$	22,872	$	22,317	$	3,040	$	11,150	$	59,379
Additions (deductions)
Provision for credit losses	6,138		(1,559)		1,367		(270)		5,676
Recoveries credited to allowance	80		289		1,893		—		2,262
Loans charged against the allowance	(78)		(133)		(3,661)		—		(3,872)
Balance at end of period	$	29,012	$	20,914	$	2,639	$	10,880	$	63,445

2024
Balance at beginning of period	$	16,724	$	21,386	$	4,126	$	12,422	$	54,658
Additions (deductions)
Provision for credit losses	5,903		922		65		(1,272)		5,618
Recoveries credited to allowance	249		309		2,153		—		2,711
Loans charged against the allowance	(4)		(300)		(3,304)		—		(3,608)
Balance at end of period	$	22,872	$	22,317	$	3,040	$	11,150	$	59,379

2023
Balance at beginning of period	$	13,817	$	21,633	$	4,290	$	12,695	$	52,435
Additions (deductions)
Provision for credit losses	3,430		(445)		509		(273)		3,221
Recoveries credited to allowance	531		352		1,915		—		2,798
Loans charged against the allowance	(1,054)		(154)		(2,588)		—		(3,796)
Balance at end of period	$	16,724	$	21,386	$	4,126	$	12,422	$	54,658

The allocation of the ACL by portfolio segment at December 31 follows:


	2025				2024
	Allowance for Credit Losses Amount		Percent of Loans to Total Portfolio Loans		Allowance for Credit Losses Amount		Percent of Loans to Total Portfolio Loans
	(Dollars in thousands)
Commercial	$	29,012	51.8	%	$	22,872	48.0	%
Mortgage	20,914		35.7		22,317		37.5
Installment	2,639		12.6		3,040		14.5
Subjective allocation	10,880		—		11,150		—
Total	$	63,445	100.0	%	$	59,379	100.0	%

Financing Receivable, Nonaccrual

Loans on non-accrual status and past due more than 90 days (‘‘Non-performing Loans’’) at December 31 follow:



	Non-Accrual with no Allowance for Credit Loss		Non-Accrual with an Allowance for Credit Loss		Total Non- Accrual		90+ and Still Accruing		Total Non- Performing Loans
	(In thousands)
2025
Commercial
Commercial and industrial	$	—	$	—	$	—	$	—	$	—
Commercial real estate (1)	9,261		7,252		16,513		—		16,513
Mortgage
1-4 family owner occupied - jumbo	2,145		—		2,145		—		2,145
1-4 family owner occupied - non-jumbo (2)	1,700		670		2,370		—		2,370
1-4 family non-owner occupied	—		94		94		—		94
1-4 family - 2nd lien	200		888		1,088		—		1,088
Resort lending	—		57		57		—		57
Installment
Boat lending	—		308		308		—		308
Recreational vehicle lending	—		354		354		—		354
Other	—		198		198		—		198
Total	$	13,306	$	9,821	$	23,127	$	—	$	23,127

Accrued interest excluded from total	$	—	$	—	$	—	$	—	$	—

2024
Commercial
Commercial and industrial (1)	$	—	$	49	$	49	$	—	$	49
Commercial real estate	—		—		—		—		—
Mortgage
1-4 family owner occupied - jumbo	1,480		—		1,480		—		1,480
1-4 family owner occupied - non-jumbo (2)	1,929		496		2,425		—		2,425
1-4 family non-owner occupied	—		157		157		—		157
1-4 family - 2nd lien	246		769		1,015		—		1,015
Resort lending	—		143		143		—		143
Installment
Boat lending	—		209		209		—		209
Recreational vehicle lending	—		377		377		—		377
Other	—		147		147		—		147
Total	$	3,655	$	2,347	$	6,002	$	—	$	6,002

Accrued interest excluded from total	$	—	$	—	$	—	$	—	$	—


(1)			Non-performing commercial real estate loans exclude $7.018 million of government guaranteed loans at December 31, 2025 and non-performing commercial and industrial loans exclude $0.005 million of government guaranteed loans at December 31, 2024.


(2)			Non-performing 1-4 family owner occupied – non jumbo loans exclude $2.929 million and $1.785 million of government guaranteed loans at December 31, 2025 and 2024, respectively.

Amortized Cost of Collateral-dependent Loans by Class

The amortized cost of collateral-dependent loans by class at December 31, follows:


	Collateral Type				Allowance for Credit Losses
	Real Estate		Other (1)
	(In thousands)
2025
Commercial
Commercial and industrial	$	680	$	8,841	$	1,631
Commercial real estate	28,047		—		4,541
Mortgage
1-4 family owner occupied - jumbo	2,147		—		—
1-4 family owner occupied - non-jumbo	2,371		—		239
1-4 family non-owner occupied	22		—		8
1-4 family - 2nd lien	569		—		131
Resort lending	57		—		20
Installment
Boat lending	—		233		83
Recreational vehicle lending	—		237		84
Other	—		109		39
Total	$	33,893	$	9,420	$	6,776

Accrued interest excluded from total	$	73	$	54

2024
Commercial
Commercial and industrial	$	686	$	5,166	$	1,647
Commercial real estate	817		—		3
Mortgage
1-4 family owner occupied - jumbo	1,480		—		—
1-4 family owner occupied - non-jumbo	2,903		—		347
1-4 family non-owner occupied	—		—		—
1-4 family - 2nd lien	510		—		94
Resort lending	143		—		51
Installment
Boat lending	—		87		31
Recreational vehicle lending	—		266		94
Other	—		92		33
Total	$	6,539	$	5,611	$	2,300

Accrued interest excluded from total	$	5	$	34

(1) Commercial and industrial loan collateral generally includes machinery and equipment, accounts receivable, and inventory.

Aging Analysis of Loans by Class

An aging analysis of loans by class at December 31 follows:


	Loans Past Due								Loans not Past Due		Total Loans
	30-59 days		60-89 days		90+ days		Total
	(In thousands)
2025
Commercial
Commercial and industrial	$	—	$	—	$	—	$	—	$	1,158,841	$	1,158,841
Commercial real estate	—		22,988		3,900		26,888		1,027,828		1,054,716
Mortgage
1-4 family owner occupied - jumbo	716		660		2,164		3,540		875,221		878,761
1-4 family owner occupied - non-jumbo	1,381		757		1,301		3,439		286,123		289,562
1-4 family non-owner occupied	119		29		22		170		172,123		172,293
1-4 family - 2nd lien	270		235		460		965		156,632		157,597
Resort lending	—		—		57		57		26,551		26,608
Installment
Boat lending	287		200		242		729		271,783		272,512
Recreational vehicle lending	550		205		230		985		190,872		191,857
Other	475		74		58		607		72,931		73,538
Total	$	3,798	$	25,148	$	8,434	$	37,380	$	4,238,905	$	4,276,285
Accrued interest excluded from total	$	37	$	78	$	—	$	115	$	13,837	$	13,952

2024
Commercial
Commercial and industrial	$	78	$	—	$	54	$	132	$	1,001,197	$	1,001,329
Commercial real estate	—		—		—		—		936,035		936,035
Mortgage
1-4 family owner occupied - jumbo	755		664		1,480		2,899		872,652		875,551
1-4 family owner occupied - non-jumbo	3,395		1,653		1,201		6,249		292,893		299,142
1-4 family non-owner occupied	329		—		—		329		176,621		176,950
1-4 family - 2nd lien	648		66		345		1,059		132,888		133,947
Resort lending	—		—		143		143		30,993		31,136
Installment
Boat lending	281		99		87		467		263,874		264,341
Recreational vehicle lending	622		395		190		1,207		223,330		224,537
Other	231		158		25		414		95,443		95,857
Total	$	6,339	$	3,035	$	3,525	$	12,899	$	4,025,926	$	4,038,825
Accrued interest excluded from total	$	65	$	44	$	—	$	109	$	13,352	$	13,461

Loan Ratings by Loan Class

The following tables summarize loan ratings by loan class for our commercial loan portfolio segment at December 31:


	Commercial
	Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Total
	2025		2024		2023		2022		2021		Prior
	(In thousands)
December 31, 2025
Commercial and industrial
Non-watch (1-6)	$	199,338	$	188,309	$	131,090	$	115,518	$	45,116	$	140,699	$	300,540	$	1,120,610
Watch (7-8)	501		1,911		4,330		2,705		2,052		8,360		8,848		28,707
Substandard Accrual (9)	940		1,710		—		—		820		275		5,779		9,524
Non-Accrual (10-11)	—		—		—		—		—		—		—		—
Total	$	200,779	$	191,930	$	135,420	$	118,223	$	47,988	$	149,334	$	315,167	$	1,158,841
Accrued interest excluded from total	$	564	$	570	$	477	$	288	$	95	$	418	$	1,139	$	3,551
Current period gross charge-offs	$	—	$	—	$	78	$	—	$	—	$	—	$	—	$	78

Commercial real estate
Non-watch (1-6)	$	204,584	$	162,957	$	167,203	$	159,948	$	66,116	$	184,907	$	56,611	$	1,002,326
Watch (7-8)	—		823		4,162		13,887		—		4,840		625		24,337
Substandard Accrual (9)	3,348		—		396		—		126		652		—		4,522
Non-Accrual (10-11)	4,878		490		18,163		—		—		—		—		23,531
Total	$	212,810	$	164,270	$	189,924	$	173,835	$	66,242	$	190,399	$	57,236	$	1,054,716
Accrued interest excluded from total	$	695	$	555	$	494	$	624	$	141	$	703	$	138	$	3,350
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Total Commercial
Non-watch (1-6)	$	403,922	$	351,266	$	298,293	$	275,466	$	111,232	$	325,606	$	357,151	$	2,122,936
Watch (7-8)	501		2,734		8,492		16,592		2,052		13,200		9,473		53,044
Substandard Accrual (9)	4,288		1,710		396		—		946		927		5,779		14,046
Non-Accrual (10-11)	4,878		490		18,163		—		—		—		—		23,531
Total	$	413,589	$	356,200	$	325,344	$	292,058	$	114,230	$	339,733	$	372,403	$	2,213,557
Accrued interest excluded from total	$	1,259	$	1,125	$	971	$	912	$	236	$	1,121	$	1,277	$	6,901
Current period gross charge-offs	$	—	$	—	$	78	$	—	$	—	$	—	$	—	$	78


	Commercial
	Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Total
	2024		2023		2022		2021		2020		Prior
	(In thousands)
December 31, 2024
Commercial and industrial
Non-watch (1-6)	$	183,261	$	137,270	$	142,630	$	71,225	$	72,928	$	106,086	$	242,573	$	955,973
Watch (7-8)	10,348		3,055		1,251		9,002		5,636		336		2,104		31,732
Substandard Accrual (9)	2,693		2,052		1,642		2,208		267		195		4,513		13,570
Non-Accrual (10-11)	—		—		—		47		—		7		—		54
Total	$	196,302	$	142,377	$	145,523	$	82,482	$	78,831	$	106,624	$	249,190	$	1,001,329
Accrued interest excluded from total	$	612	$	478	$	361	$	217	$	342	$	341	$	959	$	3,310
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	4	$	—	$	4

Commercial real estate
Non-watch (1-6)	$	142,154	$	236,390	$	153,321	$	75,053	$	49,969	$	166,966	$	72,879	$	896,732
Watch (7-8)	—		—		16,007		—		—		4,400		18,079		38,486
Substandard Accrual (9)	—		—		—		135		—		682		—		817
Non-Accrual (10-11)	—		—		—		—		—		—		—		—
Total	$	142,154	$	236,390	$	169,328	$	75,188	$	49,969	$	172,048	$	90,958	$	936,035
Accrued interest excluded from total	$	608	$	632	$	628	$	166	$	131	$	658	$	363	$	3,186
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Total Commercial
Non-watch (1-6)	$	325,415	$	373,660	$	295,951	$	146,278	$	122,897	$	273,052	$	315,452	$	1,852,705
Watch (7-8)	10,348		3,055		17,258		9,002		5,636		4,736		20,183		70,218
Substandard Accrual (9)	2,693		2,052		1,642		2,343		267		877		4,513		14,387
Non-Accrual (10-11)	—		—		—		47		—		7		—		54
Total	$	338,456	$	378,767	$	314,851	$	157,670	$	128,800	$	278,672	$	340,148	$	1,937,364
Accrued interest excluded from total	$	1,220	$	1,110	$	989	$	383	$	473	$	999	$	1,322	$	6,496
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	4	$	—	$	4

For each of our mortgage and installment portfolio segment classes we generally monitor credit quality based on the credit scores of the borrowers. These credit scores are generally updated semi-annually. The following tables summarize credit scores by loan class for our mortgage and installment loan portfolio segments at December 31:


	Mortgage (1)
	Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Total
	2025		2024		2023		2022		2021		Prior
	(In thousands)
December 31, 2025
1-4 family owner occupied - jumbo
800 and above	$	10,135	$	3,881	$	13,290	$	40,752	$	55,563	$	35,693	$	1,668	$	160,982
750-799	51,765		33,022		25,431		89,810		168,312		75,497		1,906		445,743
700-749	16,958		11,934		11,935		32,634		68,111		30,819		518		172,909
650-699	7,923		5,188		7,533		17,251		13,827		15,953		1,500		69,175
600-649	1,267		867		1,568		1,170		4,031		3,370		—		12,273
550-599	—		—		—		5,161		1,644		3,040		—		9,845
500-549	—		—		1,273		3,936		720		1,905		—		7,834
Under 500	—		—		—		—		—		—		—		—
Unknown	—		—		—		—		—		—		—		—
Total	$	88,048	$	54,892	$	61,030	$	190,714	$	312,208	$	166,277	$	5,592	$	878,761
Accrued interest excluded from total	$	388	$	263	$	302	$	552	$	695	$	432	$	43	$	2,675
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

1-4 family owner occupied - non-jumbo
800 and above	$	5,270	$	2,088	$	4,148	$	13,160	$	9,606	$	14,616	$	4,613	$	53,501
750-799	8,911		6,532		9,828		26,722		21,376		30,100		13,508		116,977
700-749	2,593		4,978		3,803		8,981		8,552		23,235		5,702		57,844
650-699	2,343		788		1,960		5,046		4,154		12,947		1,586		28,824
600-649	366		301		214		2,610		1,153		9,218		168		14,030
550-599	—		—		382		1,570		721		6,547		41		9,261
500-549	—		—		—		291		779		5,303		60		6,433
Under 500	—		85		—		602		242		1,763		—		2,692
Unknown	—		—		—		—		—		—		—		—
Total	$	19,483	$	14,772	$	20,335	$	58,982	$	46,583	$	103,729	$	25,678	$	289,562
Accrued interest excluded from total	$	123	$	94	$	89	$	180	$	109	$	377	$	181	$	1,153
Current period gross charge-offs	$	—	$	—	$	—	$	19	$	6	$	5	$	—	$	30

1-4 family non-owner occupied
800 and above	$	3,958	$	2,399	$	3,229	$	3,693	$	10,379	$	10,302	$	943	$	34,903
750-799	13,466		10,671		9,247		13,152		26,912		19,293		1,452		94,193
700-749	4,343		2,349		1,174		2,551		3,439		8,540		1,618		24,014
650-699	1,046		1,263		487		2,747		3,427		6,127		402		15,499
600-649	—		708		—		77		—		1,470		—		2,255
550-599	—		—		—		367		—		717		—		1,084
500-549	—		—		—		—		50		253		—		303
Under 500	—		—		—		—		—		42		—		42
Unknown	—		—		—		—		—		—		—		—
Total	$	22,813	$	17,390	$	14,137	$	22,587	$	44,207	$	46,744	$	4,415	$	172,293
Accrued interest excluded from total	$	96	$	89	$	70	$	86	$	115	$	168	$	30	$	654
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	11	$	—	$	11

1-4 family - 2nd lien
800 and above	$	1,256	$	367	$	351	$	461	$	789	$	1,454	$	16,797	$	21,475
750-799	3,122		2,528		2,142		1,830		2,006		3,651		56,532		71,811
700-749	2,759		1,225		1,310		1,505		1,502		2,454		29,585		40,340
650-699	805		367		339		454		285		1,517		11,914		15,681
600-649	—		141		124		107		250		525		2,157		3,304
550-599	—		41		225		72		53		650		1,770		2,811
500-549	—		16		423		108		200		537		417		1,701
Under 500	—		—		154		111		—		209		—		474
Unknown	—		—		—		—		—		—		—		—
Total	$	7,942	$	4,685	$	5,068	$	4,648	$	5,085	$	10,997	$	119,172	$	157,597
Accrued interest excluded from total	$	23	$	18	$	22	$	19	$	13	$	37	$	767	$	899
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	6	$	—	$	6


	Mortgage - continued (1)
	Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Total
	2025		2024		2023		2022		2021		Prior
	(In thousands)
December 31, 2025
Resort lending
800 and above	$	—	$	—	$	—	$	—	$	524	$	4,127	$	—	$	4,651
750-799	121		—		22		366		156		10,704		—		11,369
700-749	—		—		—		—		484		3,644		—		4,128
650-699	—		—		—		—		—		5,148		—		5,148
600-649	—		—		—		—		—		955		—		955
550-599	—		—		—		—		—		—		—		—
500-549	—		—		—		—		—		357		—		357
Under 500	—		—		—		—		—		—		—		—
Unknown	—		—		—		—		—		—		—		—
Total	$	121	$	—	$	22	$	366	$	1,164	$	24,935	$	—	$	26,608
Accrued interest excluded from total	$	1	$	—	$	—	$	1	$	3	$	117	$	—	$	122
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	86	$	—	$	86

Total Mortgage
800 and above	$	20,619	$	8,735	$	21,018	$	58,066	$	76,861	$	66,192	$	24,021	$	275,512
750-799	77,385		52,753		46,670		131,880		218,762		139,245		73,398		740,093
700-749	26,653		20,486		18,222		45,671		82,088		68,692		37,423		299,235
650-699	12,117		7,606		10,319		25,498		21,693		41,692		15,402		134,327
600-649	1,633		2,017		1,906		3,964		5,434		15,538		2,325		32,817
550-599	—		41		607		7,170		2,418		10,954		1,811		23,001
500-549	—		16		1,696		4,335		1,749		8,355		477		16,628
Under 500	—		85		154		713		242		2,014		—		3,208
Unknown	—		—		—		—		—		—		—		—
Total	$	138,407	$	91,739	$	100,592	$	277,297	$	409,247	$	352,682	$	154,857	$	1,524,821
Accrued interest excluded from total	$	631	$	464	$	483	$	838	$	935	$	1,131	$	1,021	$	5,503
Current period gross charge-offs	$	—	$	—	$	—	$	19	$	6	$	108	$	—	$	133


	Mortgage (1)
	Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Total
	2024		2023		2022		2021		2020		Prior
	(In thousands)
December 31, 2024
1-4 family owner occupied - jumbo
800 and above	$	5,009	$	12,192	$	37,147	$	51,242	$	22,126	$	14,291	$	—	$	142,007
750-799	33,118		43,013		106,378		194,725		58,703		35,103		1,275		472,315
700-749	13,981		13,602		40,219		68,687		17,552		11,669		450		166,160
650-699	4,537		10,286		19,366		15,736		6,937		6,555		1,500		64,917
600-649	—		2,265		9,528		1,636		2,288		4,619		—		20,336
550-599	746		—		2,414		1,086		2,803		—		—		7,049
500-549	—		—		—		—		900		664		—		1,564
Under 500	—		485		—		—		—		718		—		1,203
Unknown	—		—		—		—		—		—		—		—
Total	$	57,391	$	81,843	$	215,052	$	333,112	$	111,309	$	73,619	$	3,225	$	875,551
Accrued interest excluded from total	$	264	$	377	$	634	$	712	$	264	$	238	$	31	$	2,520
Current period gross charge-offs	$	—	$	—	$	22	$	—	$	—	$	—	$	—	$	22

1-4 family owner occupied - non-jumbo
800 and above	$	1,919	$	2,113	$	14,018	$	8,928	$	3,089	$	9,138	$	4,066	$	43,271
750-799	12,472		10,604		26,405		21,548		14,028		23,586		10,429		119,072
700-749	7,927		7,110		12,810		9,598		5,492		21,692		4,231		68,860
650-699	8,258		2,758		5,586		4,885		2,262		12,820		1,848		38,417
600-649	682		126		1,001		762		2,459		6,757		180		11,967
550-599	—		213		365		794		996		3,438		40		5,846
500-549	87		—		1,523		948		278		5,780		—		8,616
Under 500	—		—		—		98		652		2,343		—		3,093
Unknown	—		—		—		—		—		—		—		—
Total	$	31,345	$	22,924	$	61,708	$	47,561	$	29,256	$	85,554	$	20,794	$	299,142
Accrued interest excluded from total	$	105	$	139	$	195	$	113	$	77	$	368	$	163	$	1,160
Current period gross charge-offs	$	—	$	—	$	—	$	23	$	—	$	22	$	—	$	45

1-4 family non-owner occupied
800 and above	$	4,122	$	1,557	$	7,468	$	12,757	$	4,204	$	6,975	$	897	$	37,980
750-799	11,433		12,831		15,929		25,543		9,920		16,439		2,539		94,634
700-749	3,372		3,218		6,289		6,401		1,308		6,131		2,072		28,791
650-699	1,016		431		297		4,115		2,552		3,560		332		12,303
600-649	—		—		—		—		410		930		108		1,448
550-599	—		38		—		—		—		919		—		957
500-549	—		—		369		51		—		221		—		641
Under 500	—		—		—		—		—		196		—		196
Unknown	—		—		—		—		—		—		—		—
Total	$	19,943	$	18,075	$	30,352	$	48,867	$	18,394	$	35,371	$	5,948	$	176,950
Accrued interest excluded from total	$	84	$	85	$	119	$	134	$	48	$	166	$	44	$	680
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	158	$	—	$	158

1-4 family - 2nd lien
800 and above	$	751	$	249	$	219	$	185	$	1,161	$	859	$	12,245	$	15,669
750-799	3,209		2,717		2,290		3,065		1,604		3,825		44,896		61,606
700-749	1,358		942		1,898		1,239		932		2,123		26,687		35,179
650-699	268		450		655		313		251		1,385		10,979		14,301
600-649	—		39		204		197		328		769		2,084		3,621
550-599	—		297		37		51		—		357		512		1,254
500-549	—		59		101		95		—		768		919		1,942
Under 500	—		—		20		—		—		350		5		375
Unknown	—		—		—		—		—		—		—		—
Total	$	5,586	$	4,753	$	5,424	$	5,145	$	4,276	$	10,436	$	98,327	$	133,947
Accrued interest excluded from total	$	19	$	23	$	18	$	11	$	13	$	42	$	720	$	846
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	3	$	22	$	25


	Mortgage - continued (1)
	Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Total
	2024		2023		2022		2021		2020		Prior
	(In thousands)
December 31, 2024
Resort lending
800 and above	$	—	$	—	$	—	$	534	$	—	$	4,079	$	—	$	4,613
750-799	—		39		639		740		724		12,845		—		14,987
700-749	—		—		268		—		212		4,851		—		5,331
650-699	—		—		—		—		354		4,622		—		4,976
600-649	—		—		—		—		—		1,051		—		1,051
550-599	—		—		—		—		—		92		—		92
500-549	—		—		—		—		—		86		—		86
Under 500	—		—		—		—		—		—		—		—
Unknown	—		—		—		—		—		—		—		—
Total	$	—	$	39	$	907	$	1,274	$	1,290	$	27,626	$	—	$	31,136
Accrued interest excluded from total	$	—	$	—	$	4	$	3	$	4	$	140	$	—	$	151
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	50	$	—	$	50

Total Mortgage
800 and above	$	11,801	$	16,111	$	58,852	$	73,646	$	30,580	$	35,342	$	17,208	$	243,540
750-799	60,232		69,204		151,641		245,621		84,979		91,798		59,139		762,614
700-749	26,638		24,872		61,484		85,925		25,496		46,466		33,440		304,321
650-699	14,079		13,925		25,904		25,049		12,356		28,942		14,659		134,914
600-649	682		2,430		10,733		2,595		5,485		14,126		2,372		38,423
550-599	746		548		2,816		1,931		3,799		4,806		552		15,198
500-549	87		59		1,993		1,094		1,178		7,519		919		12,849
Under 500	—		485		20		98		652		3,607		5		4,867
Unknown	—		—		—		—		—		—		—		—
Total	$	114,265	$	127,634	$	313,443	$	435,959	$	164,525	$	232,606	$	128,294	$	1,516,726
Accrued interest excluded from total	$	472	$	624	$	970	$	973	$	406	$	954	$	958	$	5,357
Current period gross charge-offs	$	—	$	—	$	22	$	23	$	—	$	233	$	22	$	300


(1)			Credit scores have been updated within the last twelve months.


	Installment (1)
	Term Loans Amortized Cost Basis by Origination Year
	2025		2024		2023		2022		2021		Prior		Total
	(In thousands)
December 31, 2025
Boat lending
800 and above	$	7,160	$	4,306	$	5,878	$	7,190	$	8,111	$	11,036	$	43,681
750-799	32,694		21,095		23,561		23,385		19,814		27,759		148,308
700-749	11,208		10,315		8,793		9,887		7,279		10,511		57,993
650-699	2,418		2,569		2,482		2,312		2,609		3,743		16,133
600-649	907		366		598		808		622		798		4,099
550-599	33		188		118		275		383		552		1,549
500-549	—		137		87		97		183		169		673
Under 500	—		35		35		—		—		6		76
Unknown	—		—		—		—		—		—		—
Total	$	54,420	$	39,011	$	41,552	$	43,954	$	39,001	$	54,574	$	272,512
Accrued interest excluded from total	$	185	$	151	$	149	$	96	$	85	$	112	$	778
Current period gross charge-offs	$	14	$	42	$	6	$	336	$	28	$	188	$	614

Recreational vehicle lending
800 and above	$	771	$	1,690	$	2,923	$	8,205	$	8,940	$	7,788	$	30,317
750-799	3,706		7,485		10,133		30,410		27,020		17,972		96,726
700-749	1,498		3,830		3,849		11,937		12,930		7,192		41,236
650-699	287		987		1,862		3,865		4,747		2,234		13,982
600-649	26		276		576		1,143		1,858		833		4,712
550-599	—		129		222		622		968		614		2,555
500-549	—		55		54		469		663		292		1,533
Under 500	—		75		121		292		251		57		796
Unknown	—		—		—		—		—		—		—
Total	$	6,288	$	14,527	$	19,740	$	56,943	$	57,377	$	36,982	$	191,857
Accrued interest excluded from total	$	26	$	54	$	71	$	138	$	125	$	82	$	496
Current period gross charge-offs	$	—	$	47	$	140	$	273	$	474	$	176	$	1,110

Other
800 and above	$	1,460	$	900	$	1,168	$	1,408	$	641	$	933	$	6,510
750-799	9,471		6,202		5,214		4,275		2,546		4,423		32,131
700-749	6,281		4,067		2,872		2,569		1,990		3,251		21,030
650-699	3,470		1,473		989		851		545		1,305		8,633
600-649	184		483		405		470		276		460		2,278
550-599	23		200		267		250		93		192		1,025
500-549	7		195		128		179		124		224		857
Under 500	—		48		14		91		35		32		220
Unknown	854		—		—		—		—		—		854
Total	$	21,750	$	13,568	$	11,057	$	10,093	$	6,250	$	10,820	$	73,538
Accrued interest excluded from total	$	72	$	57	$	43	$	26	$	16	$	60	$	274
Current period gross charge-offs	$	1,620	$	71	$	38	$	73	$	59	$	76	$	1,937

Total installment
800 and above	$	9,391	$	6,896	$	9,969	$	16,803	$	17,692	$	19,757	$	80,508
750-799	45,871		34,782		38,908		58,070		49,380		50,154		277,165
700-749	18,987		18,212		15,514		24,393		22,199		20,954		120,259
650-699	6,175		5,029		5,333		7,028		7,901		7,282		38,748
600-649	1,117		1,125		1,579		2,421		2,756		2,091		11,089
550-599	56		517		607		1,147		1,444		1,358		5,129
500-549	7		387		269		745		970		685		3,063
Under 500	—		158		170		383		286		95		1,092
Unknown	854		—		—		—		—		—		854
Total	$	82,458	$	67,106	$	72,349	$	110,990	$	102,628	$	102,376	$	537,907
Accrued interest excluded from total	$	283	$	262	$	263	$	260	$	226	$	254	$	1,548
Current period gross charge-offs	$	1,634	$	160	$	184	$	682	$	561	$	440	$	3,661


	Installment (1)
	Term Loans Amortized Cost Basis by Origination Year
	2024		2023		2022		2021		2020		Prior		Total
	(In thousands)
December 31, 2024
Boat lending
800 and above	$	6,125	$	6,702	$	8,231	$	7,492	$	3,512	$	9,079	$	41,141
750-799	26,320		29,173		28,608		24,858		11,604		26,792		147,355
700-749	11,397		9,487		11,342		9,807		4,177		9,137		55,347
650-699	2,722		2,888		2,516		2,419		1,191		3,111		14,847
600-649	504		438		1,104		364		148		775		3,333
550-599	—		215		464		394		76		301		1,450
500-549	27		—		135		199		140		238		739
Under 500	—		35		14		—		—		80		129
Unknown	—		—		—		—		—		—		—
Total	$	47,095	$	48,938	$	52,414	$	45,533	$	20,848	$	49,513	$	264,341
Accrued interest excluded from total	$	179	$	178	$	124	$	104	$	50	$	101	$	736
Current period gross charge-offs	$	8	$	8	$	71	$	8	$	49	$	55	$	199

Recreational vehicle lending
800 and above	$	1,365	$	4,270	$	11,721	$	9,776	$	3,382	$	7,262	$	37,776
750-799	10,528		11,173		33,140		32,266		9,398		14,656		111,161
700-749	5,402		5,230		14,093		15,336		4,177		5,500		49,738
650-699	965		1,949		4,278		5,357		1,249		1,836		15,634
600-649	268		697		1,213		2,364		407		502		5,451
550-599	41		183		443		1,075		135		415		2,292
500-549	50		172		638		745		161		207		1,973
Under 500	—		67		156		207		19		63		512
Unknown	—		—		—		—		—		—		—
Total	$	18,619	$	23,741	$	65,682	$	67,126	$	18,928	$	30,441	$	224,537
Accrued interest excluded from total	$	69	$	89	$	156	$	154	$	41	$	67	$	576
Current period gross charge-offs	$	—	$	42	$	321	$	419	$	42	$	110	$	934

Other
800 and above	$	1,342	$	1,323	$	1,788	$	938	$	639	$	831	$	6,861
750-799	9,938		8,029		7,208		4,732		2,013		4,375		36,295
700-749	14,512		4,941		4,232		2,829		1,292		3,278		31,084
650-699	10,551		1,633		1,689		979		430		1,293		16,575
600-649	537		476		522		294		59		418		2,306
550-599	80		211		271		210		21		210		1,003
500-549	—		149		301		229		92		93		864
Under 500	11		17		58		49		3		50		188
Unknown	681		—		—		—		—		—		681
Total	$	37,652	$	16,779	$	16,069	$	10,260	$	4,549	$	10,548	$	95,857
Accrued interest excluded from total	$	96	$	65	$	40	$	22	$	10	$	63	$	296
Current period gross charge-offs	$	1,829	$	98	$	106	$	27	$	8	$	103	$	2,171

Total installment
800 and above	$	8,832	$	12,295	$	21,740	$	18,206	$	7,533	$	17,172	$	85,778
750-799	46,786		48,375		68,956		61,856		23,015		45,823		294,811
700-749	31,311		19,658		29,667		27,972		9,646		17,915		136,169
650-699	14,238		6,470		8,483		8,755		2,870		6,240		47,056
600-649	1,309		1,611		2,839		3,022		614		1,695		11,090
550-599	121		609		1,178		1,679		232		926		4,745
500-549	77		321		1,074		1,173		393		538		3,576
Under 500	11		119		228		256		22		193		829
Unknown	681		—		—		—		—		—		681
Total	$	103,366	$	89,458	$	134,165	$	122,919	$	44,325	$	90,502	$	584,735
Accrued interest excluded from total	$	344	$	332	$	320	$	280	$	101	$	231	$	1,608
Current period gross charge-offs	$	1,837	$	148	$	498	$	454	$	99	$	268	$	3,304


(1)			Credit scores have been updated within the last twelve months.

Other Mortgage Loans Service's Principal Balances

Mortgage loans serviced for others are not reported as assets on the Consolidated Statements of Financial Condition. The principal balances of these loans at December 31 follow:


	2025		2024
	(In thousands)
Mortgage loans serviced for:
Fannie Mae	$	1,134,213	$	1,674,111
Freddie Mac	927,467		1,373,145
Ginnie Mae	130,302		146,363
FHLB	375,822		302,779
Other	43,485		47,347
Total	$	2,611,289	$	3,543,745

Analysis of Capitalized Mortgage Loan Servicing Rights

An analysis of capitalized mortgage loan servicing rights for the years ended December 31 follows:


	2025		2024		2023
	(In thousands)
Balance at beginning of period	$	46,796	$	42,243	$	42,489
Originated servicing rights capitalized	3,494		4,020		3,956
Change in fair value due to price	(2,168)		4,540		(280)
Change in fair value due to pay downs	(3,573)		(4,007)		(3,922)
Sales of originated servicing rights (1)	(12,823)		—		—
Loss on sale of originated servicing rights (1)	(233)		—		—
Balance at end of year	$	31,493	$	46,796	$	42,243
Loans sold and serviced that have had servicing rights capitalized	$	2,611,289	$	3,543,745	$	3,541,869

SUBORDINATED DEBT AND DEBENTURES - Other Key Terms, Subordinated Debentures and Trust Preferred Securities (Details)	12 Months Ended
	Dec. 31, 2025
IBC Capital Finance III
Subordinated Debt [Abstract]
Term of variable rate (in months)	3 months
Interest rate spread, percent	1.86%
IBC Capital Finance IV
Subordinated Debt [Abstract]
Term of variable rate (in months)	3 months
Interest rate spread, percent	3.11%
Midwest Guaranty Trust I
Subordinated Debt [Abstract]
Term of variable rate (in months)	3 months
Interest rate spread, percent	3.71%
TCSB Statutory Trust I
Subordinated Debt [Abstract]
Term of variable rate (in months)	3 months
Interest rate spread, percent	2.46%

SUBORDINATED DEBT AND DEBENTURES - Narrative (Details) $ in Thousands		1 Months Ended	12 Months Ended
	Sep. 02, 2025 USD ($)	May 31, 2020 USD ($)	Dec. 31, 2025 USD ($) qtr	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)	Sep. 30, 2025 USD ($)	Mar. 31, 2018 USD ($)
Subordinated Debt [Abstract]
Subordinated debt			$ 0	$ 39,586
Repayment of subordinated debt	$ (40,000)		(40,000)	0	$ 0
Trust preferred securities			$ 38,600	38,600
Distribution deferral period, maximum quarters \| qtr			20
TCSB Statutory Trust I
Subordinated Debt [Abstract]
Interest rate spread, percent			2.46%
Subordinated Debentures \| TCSB Statutory Trust I
Subordinated Debt [Abstract]
Debt instrument, discount			$ 860	928			$ 1,400
Subordinated Debt
Subordinated Debt [Abstract]
Trust Preferred Securities Issued		$ 40,000
Debt instrument, term		10 years
Call option period		5 years
Debt instrument, interest rate, stated percentage		5.95%
Fixed coupon rate percentage, period		5 years
Interest rate spread, percent		5.825%
Subordinated debt			$ 0	39,590
Debt Instrument, unamortized discount (premium) and debt issuance costs, net				$ 410		$ 360

GOODWILL AND OTHER INTANGIBLES (Tables)

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Acquired Finite-Lived Intangible Assets by Major Class

Intangible assets, net of amortization, at December 31 follows:


	2025				2024
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
	(In thousands)
Amortized intangible assets - core deposits	$	11,916	$	10,915	$	11,916	$	10,428
Unamortized intangible assets - goodwill	$	28,300			$	28,300

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

A summary of estimated core deposit intangible amortization at December 31, 2025, follows:


	(In thousands)
2026	$	460
2027	434
2028	107
Total	$	1,001

INCOME TAX - Reconciliation of Income Tax Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Amount
U.S. statutory rate applied to income before income tax	$ 17,071	$ 17,440	$ 15,472
Purchased tax credits	(1,836)	0	0
Tax credit investments, net of amortization	(807)	(373)	(235)
Tax-exempt interest income	(1,155)	(522)	(508)
Bank owned life insurance	(249)	(175)	(99)
Non-deductible meals, entertainment and memberships	114	83	77
Share-based compensation	(323)	(130)	(50)
Employee stock ownership plan dividends	(116)	(108)	(106)
Other, net	51	41	58
Income tax expense	$ 12,750	$ 16,256	$ 14,609
Percent
U.S. statutory rate applied to income before income tax	21.00%	21.00%	21.00%
Purchased tax credits	(2.30%)	0.00%	0.00%
Tax credit investments, net of amortization	(1.00%)	(0.50%)	(0.30%)
Tax-exempt interest income	(1.40%)	(0.60%)	(0.70%)
Bank owned life insurance	(0.30%)	(0.20%)	(0.10%)
Non-deductible meals, entertainment and memberships	0.10%	0.10%	0.10%
Share-based compensation	(0.40%)	(0.20%)	(0.10%)
Employee stock ownership plan dividends	(0.10%)	(0.10%)	(0.20%)
Other, net	0.10%	0.10%	0.10%
Income tax expense	15.70%	19.60%	19.80%
Tax Jurisdiction of Domicile [Extensible Enumeration]	UNITED STATES

LOANS - Loan Ratings by Loan Class, Commercial (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Financing Receivable, Credit Quality Indicator [Line Items]
Total loans	$ 4,276,285	$ 4,038,825
Accrued interest excluded from total	13,952	13,461
Loans charged against the allowance	3,872	3,608	$ 3,796
Commercial
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, year one, originated, current fiscal year	413,589	338,456
Financing receivable, year two, originated, fiscal year before current fiscal year	356,200	378,767
Financing receivable, year three, originated, two years before current fiscal year	325,344	314,851
Financing receivable, year four, originated, three years before current fiscal year	292,058	157,670
Financing receivable, year five, originated, four years before current fiscal year	114,230	128,800
Financing receivable, originated, more than five years before current fiscal year	339,733	278,672
Revolving Loans Amortized Cost Basis	372,403	340,148
Total loans	2,213,557	1,937,364
Accrued interest, current fiscal year	1,259	1,220
Accrued interest, fiscal year before current fiscal year	1,125	1,110
Accrued interest, two years before current fiscal year	971	989
Accrued interest, three years before current fiscal year	912	383
Financing receivable, accrued interest, four years before current fiscal year	236	473
Accrued interest, more than five years before current fiscal year	1,121	999
Accrued interest, revolving	1,277	1,322
Accrued interest excluded from total	6,901	6,496
Gross charge-offs, current fiscal year	0	0
Gross charge-offs, fiscal year before current	0	0
Gross charge-offs, two years before current	78	0
Gross charge-offs, three years before current	0	0
Gross charge-offs, four years before current	0	0
Gross charge-offs, five years or more before current	0	4
Gross charge-offs, revolving	0	0
Loans charged against the allowance	78	4	$ 1,054
Commercial \| Non-watch (1-6)
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, year one, originated, current fiscal year	403,922	325,415
Financing receivable, year two, originated, fiscal year before current fiscal year	351,266	373,660
Financing receivable, year three, originated, two years before current fiscal year	298,293	295,951
Financing receivable, year four, originated, three years before current fiscal year	275,466	146,278
Financing receivable, year five, originated, four years before current fiscal year	111,232	122,897
Financing receivable, originated, more than five years before current fiscal year	325,606	273,052
Revolving Loans Amortized Cost Basis	357,151	315,452
Total loans	2,122,936	1,852,705
Commercial \| Watch (7-8)
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, year one, originated, current fiscal year	501	10,348
Financing receivable, year two, originated, fiscal year before current fiscal year	2,734	3,055
Financing receivable, year three, originated, two years before current fiscal year	8,492	17,258
Financing receivable, year four, originated, three years before current fiscal year	16,592	9,002
Financing receivable, year five, originated, four years before current fiscal year	2,052	5,636
Financing receivable, originated, more than five years before current fiscal year	13,200	4,736
Revolving Loans Amortized Cost Basis	9,473	20,183
Total loans	53,044	70,218
Commercial \| Substandard Accrual (9)
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, year one, originated, current fiscal year	4,288	2,693
Financing receivable, year two, originated, fiscal year before current fiscal year	1,710	2,052
Financing receivable, year three, originated, two years before current fiscal year	396	1,642
Financing receivable, year four, originated, three years before current fiscal year	0	2,343
Financing receivable, year five, originated, four years before current fiscal year	946	267
Financing receivable, originated, more than five years before current fiscal year	927	877
Revolving Loans Amortized Cost Basis	5,779	4,513
Total loans	14,046	14,387
Commercial \| Non-Accrual (10-11)
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, year one, originated, current fiscal year	4,878	0
Financing receivable, year two, originated, fiscal year before current fiscal year	490	0
Financing receivable, year three, originated, two years before current fiscal year	18,163	0
Financing receivable, year four, originated, three years before current fiscal year	0	47
Financing receivable, year five, originated, four years before current fiscal year	0	0
Financing receivable, originated, more than five years before current fiscal year	0	7
Revolving Loans Amortized Cost Basis	0	0
Total loans	23,531	54
Commercial \| Commercial and industrial
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, year one, originated, current fiscal year	200,779	196,302
Financing receivable, year two, originated, fiscal year before current fiscal year	191,930	142,377
Financing receivable, year three, originated, two years before current fiscal year	135,420	145,523
Financing receivable, year four, originated, three years before current fiscal year	118,223	82,482
Financing receivable, year five, originated, four years before current fiscal year	47,988	78,831
Financing receivable, originated, more than five years before current fiscal year	149,334	106,624
Revolving Loans Amortized Cost Basis	315,167	249,190
Total loans	1,158,841	1,001,329
Accrued interest, current fiscal year	564	612
Accrued interest, fiscal year before current fiscal year	570	478
Accrued interest, two years before current fiscal year	477	361
Accrued interest, three years before current fiscal year	288	217
Financing receivable, accrued interest, four years before current fiscal year	95	342
Accrued interest, more than five years before current fiscal year	418	341
Accrued interest, revolving	1,139	959
Accrued interest excluded from total	3,551	3,310
Gross charge-offs, current fiscal year	0	0
Gross charge-offs, fiscal year before current	0	0
Gross charge-offs, two years before current	78	0
Gross charge-offs, three years before current	0	0
Gross charge-offs, four years before current	0	0
Gross charge-offs, five years or more before current	0	4
Gross charge-offs, revolving	0	0
Loans charged against the allowance	78	4
Commercial \| Commercial and industrial \| Non-watch (1-6)
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, year one, originated, current fiscal year	199,338	183,261
Financing receivable, year two, originated, fiscal year before current fiscal year	188,309	137,270
Financing receivable, year three, originated, two years before current fiscal year	131,090	142,630
Financing receivable, year four, originated, three years before current fiscal year	115,518	71,225
Financing receivable, year five, originated, four years before current fiscal year	45,116	72,928
Financing receivable, originated, more than five years before current fiscal year	140,699	106,086
Revolving Loans Amortized Cost Basis	300,540	242,573
Total loans	1,120,610	955,973
Commercial \| Commercial and industrial \| Watch (7-8)
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, year one, originated, current fiscal year	501	10,348
Financing receivable, year two, originated, fiscal year before current fiscal year	1,911	3,055
Financing receivable, year three, originated, two years before current fiscal year	4,330	1,251
Financing receivable, year four, originated, three years before current fiscal year	2,705	9,002
Financing receivable, year five, originated, four years before current fiscal year	2,052	5,636
Financing receivable, originated, more than five years before current fiscal year	8,360	336
Revolving Loans Amortized Cost Basis	8,848	2,104
Total loans	28,707	31,732
Commercial \| Commercial and industrial \| Substandard Accrual (9)
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, year one, originated, current fiscal year	940	2,693
Financing receivable, year two, originated, fiscal year before current fiscal year	1,710	2,052
Financing receivable, year three, originated, two years before current fiscal year	0	1,642
Financing receivable, year four, originated, three years before current fiscal year	0	2,208
Financing receivable, year five, originated, four years before current fiscal year	820	267
Financing receivable, originated, more than five years before current fiscal year	275	195
Revolving Loans Amortized Cost Basis	5,779	4,513
Total loans	9,524	13,570
Commercial \| Commercial and industrial \| Non-Accrual (10-11)
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, year one, originated, current fiscal year	0	0
Financing receivable, year two, originated, fiscal year before current fiscal year	0	0
Financing receivable, year three, originated, two years before current fiscal year	0	0
Financing receivable, year four, originated, three years before current fiscal year	0	47
Financing receivable, year five, originated, four years before current fiscal year	0	0
Financing receivable, originated, more than five years before current fiscal year	0	7
Revolving Loans Amortized Cost Basis	0	0
Total loans	0	54
Commercial \| Commercial real estate
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, year one, originated, current fiscal year	212,810	142,154
Financing receivable, year two, originated, fiscal year before current fiscal year	164,270	236,390
Financing receivable, year three, originated, two years before current fiscal year	189,924	169,328
Financing receivable, year four, originated, three years before current fiscal year	173,835	75,188
Financing receivable, year five, originated, four years before current fiscal year	66,242	49,969
Financing receivable, originated, more than five years before current fiscal year	190,399	172,048
Revolving Loans Amortized Cost Basis	57,236	90,958
Total loans	1,054,716	936,035
Accrued interest, current fiscal year	695	608
Accrued interest, fiscal year before current fiscal year	555	632
Accrued interest, two years before current fiscal year	494	628
Accrued interest, three years before current fiscal year	624	166
Financing receivable, accrued interest, four years before current fiscal year	141	131
Accrued interest, more than five years before current fiscal year	703	658
Accrued interest, revolving	138	363
Accrued interest excluded from total	3,350	3,186
Gross charge-offs, current fiscal year	0	0
Gross charge-offs, fiscal year before current	0	0
Gross charge-offs, two years before current	0	0
Gross charge-offs, three years before current	0	0
Gross charge-offs, four years before current	0	0
Gross charge-offs, five years or more before current	0	0
Gross charge-offs, revolving	0	0
Loans charged against the allowance	0	0
Commercial \| Commercial real estate \| Non-watch (1-6)
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, year one, originated, current fiscal year	204,584	142,154
Financing receivable, year two, originated, fiscal year before current fiscal year	162,957	236,390
Financing receivable, year three, originated, two years before current fiscal year	167,203	153,321
Financing receivable, year four, originated, three years before current fiscal year	159,948	75,053
Financing receivable, year five, originated, four years before current fiscal year	66,116	49,969
Financing receivable, originated, more than five years before current fiscal year	184,907	166,966
Revolving Loans Amortized Cost Basis	56,611	72,879
Total loans	1,002,326	896,732
Commercial \| Commercial real estate \| Watch (7-8)
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, year one, originated, current fiscal year	0	0
Financing receivable, year two, originated, fiscal year before current fiscal year	823	0
Financing receivable, year three, originated, two years before current fiscal year	4,162	16,007
Financing receivable, year four, originated, three years before current fiscal year	13,887	0
Financing receivable, year five, originated, four years before current fiscal year	0	0
Financing receivable, originated, more than five years before current fiscal year	4,840	4,400
Revolving Loans Amortized Cost Basis	625	18,079
Total loans	24,337	38,486
Commercial \| Commercial real estate \| Substandard Accrual (9)
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, year one, originated, current fiscal year	3,348	0
Financing receivable, year two, originated, fiscal year before current fiscal year	0	0
Financing receivable, year three, originated, two years before current fiscal year	396	0
Financing receivable, year four, originated, three years before current fiscal year	0	135
Financing receivable, year five, originated, four years before current fiscal year	126	0
Financing receivable, originated, more than five years before current fiscal year	652	682
Revolving Loans Amortized Cost Basis	0	0
Total loans	4,522	817
Commercial \| Commercial real estate \| Non-Accrual (10-11)
Financing Receivable, Credit Quality Indicator [Line Items]
Financing receivable, year one, originated, current fiscal year	4,878	0
Financing receivable, year two, originated, fiscal year before current fiscal year	490	0
Financing receivable, year three, originated, two years before current fiscal year	18,163	0
Financing receivable, year four, originated, three years before current fiscal year	0	0
Financing receivable, year five, originated, four years before current fiscal year	0	0
Financing receivable, originated, more than five years before current fiscal year	0	0
Revolving Loans Amortized Cost Basis	0	0
Total loans	$ 23,531	$ 0

REGULATORY MATTERS - Components of Regulatory Capital (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Components of Regulatory Capital [Abstract]
Total shareholders’ equity	$ 502,951	$ 454,686	$ 404,449	$ 347,596
Add (deduct)
Accumulated other comprehensive loss for regulatory purposes	(57,688)	(69,944)
Subordinated debt	0	39,586
Consolidated
Components of Regulatory Capital [Abstract]
Total shareholders’ equity	502,951	454,686
Add (deduct)
Accumulated other comprehensive loss for regulatory purposes	51,890	64,146
Goodwill and other intangibles	(29,301)	(29,788)
Common equity tier 1 capital	525,540	489,044
Qualifying trust preferred securities	38,640	38,572
Tier 1 capital	564,180	527,616
Subordinated debt	0	40,000
Allowance for credit losses and allowance for unfunded lending commitments limited to 1.25% of total risk-weighted assets	57,326	54,828
Total risk-based capital	621,506	622,444
Independent Bank
Components of Regulatory Capital [Abstract]
Total shareholders’ equity	490,911	478,188
Add (deduct)
Accumulated other comprehensive loss for regulatory purposes	51,890	64,146
Goodwill and other intangibles	(29,301)	(29,788)
Common equity tier 1 capital	513,500	512,546
Qualifying trust preferred securities	0	0
Tier 1 capital	513,500	512,546
Subordinated debt	0	0
Allowance for credit losses and allowance for unfunded lending commitments limited to 1.25% of total risk-weighted assets	57,250	54,708
Total risk-based capital	$ 570,750	$ 567,254

COMMITMENTS AND CONTINGENT LIABILITIES

12 Months Ended

Dec. 31, 2025

Commitments and Contingencies Disclosure [Abstract]

COMMITMENTS AND CONTINGENT LIABILITIES

In the normal course of business, we enter into financial instruments with off-balance sheet risk to meet the financing needs of customers or to reduce exposure to fluctuations in interest rates. These financial instruments may include commitments to extend credit and standby letters of credit. Financial instruments involve varying degrees of credit and interest-rate risk in excess of amounts reflected in the Consolidated Statements of Financial Condition. Exposure to credit risk in the event of non-performance by the counterparties to the financial instruments for loan commitments to extend credit and standby letters of credit is represented by the contractual amounts of those instruments.

A summary of financial instruments with off-balance sheet risk at December 31 follows:


	2025				2024
	Fixed Rate		Variable Rate		Fixed Rate		Variable Rate
	(In thousands)
Financial instruments whose risk is represented by contract amounts
Commitments to extend credit	$	154,519	$	922,192	$	135,449	$	816,850
Standby letters of credit	20		13,786		715		12,312

Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and generally require payment of a fee. Since commitments may expire without being drawn upon, the commitment amounts do not represent future cash requirements. Commitments are issued subject to similar underwriting standards, including collateral requirements, as are generally involved in the extension of credit facilities. Fixed rate commitments to extend credit have interest rates ranging from zero to 18.00% and maturities ranging from less than one year to 10 years.

Standby letters of credit are written conditional commitments issued to guarantee the performance of a customer to a third party. The credit risk involved in such transactions is essentially the same as that involved in extending loan facilities and, accordingly, standby letters of credit are issued subject to similar underwriting standards, including collateral requirements, as are generally involved in the extension of credit facilities. The majority of the standby letters of credit are on-demand with no stated maturity date and have variable rates that range from 3.25% to 12.75%.

Economic

Pressures from various global and national macroeconomic conditions, including significant volatility and uncertainty with U.S. and global market conditions, the direct and indirect impacts of potential changes to U.S. trade policies, recessionary concerns, uncertainty regarding future interest rates, foreign currency exchange rate fluctuations, the continuation of the Russia-Ukraine war, ongoing and potentially increasing conflict in the Middle East, and potential governmental responses to these events, continue to create significant economic uncertainty. In addition, pursuit of various initiatives announced by the Trump administration may create some degree of volatility in our customers’ businesses, regulation of the financial services industry, and the markets in which we operate.

The extent to which these pressures and other factors may impact our business, results of operations, asset valuations, financial condition, and customers will depend on future developments, which continue to be highly uncertain and difficult to predict. Material adverse impacts may include all or a combination of valuation impairments on our other intangibles, goodwill, securities available for sale, securities held to maturity, loans, capitalized mortgage loan servicing rights or deferred tax assets.

We continue to closely monitor and analyze the higher risk segments within our portfolio, and senior management is cautiously optimistic that we are positioned to continue managing the impact of the varied set of risks and uncertainties currently impacting the global and U.S. economies. However, a high degree of uncertainty still exists with respect to the impact of these fluid macroeconomic conditions on the future performance of our loan portfolio and our financial results.

Litigation

We are involved in various litigation matters in the ordinary course of business, which currently include three putative class action complaints brought against the Bank alleging that its practice of charging overdraft and other fees was not consistent with the disclosures the Bank made to consumers. These lawsuits are similar to lawsuits that have recently been filed against other financial institutions pertaining to overdraft fee disclosures. No class has been certified in any of the putative class action complaints brought against the Bank, and we believe we have valid defenses to each of the claims that have been made. The aggregate amount we have accrued for losses we consider probable as a result of all of our outstanding litigation matters is not material. However, because of the inherent uncertainty of outcomes from any litigation matter and because these types of lawsuits often result in settlement, we believe it is reasonably possible we may incur losses in addition to the amounts we have accrued. At this time, we are unable to provide an estimate of the losses that we believe are reasonably possible, primarily because we are still conducting diligence on the underlying factual issues and significant matters remain to be resolved in the litigation, including the issue of class certification.

The litigation matters described in the preceding paragraph primarily include claims that have been brought against us for damages, but do not include litigation matters where we seek to collect amounts owed to us by third parties (such as litigation initiated to collect delinquent loans). These excluded, collection-related matters may involve claims or counterclaims by the opposing party or parties, but we have excluded such matters from the disclosure contained in the preceding paragraph in all cases where we believe the possibility of us paying damages to any opposing party is remote.

Visa Stock

On May 6, 2024, we exchanged 12,566 shares of Visa Inc. Class B-1 common stock (all of the Class B-1 shares we owned) for 2,493 shares of Visa Inc. Class C common stock and 6,283 shares of Visa Inc. Class B-2 common stock pursuant to an exchange offer conducted by Visa. Each Class C share automatically converts to 4 shares of Visa Inc. Class A common stock upon a transfer to anyone other than a Visa member or an affiliate of a Visa member. The Class B-2 shares have the same transfer restrictions as the transfer restrictions on the Class B-1 shares and can only be sold to other Class B shareholders.

Because of the very limited liquidity for the Class B-1 shares (prior to completion of the exchange offer) and uncertainty regarding the likelihood, ultimate timing, and eventual exchange rate for Class B-1 shares into Class A shares, we were carrying these shares at zero (prior to the completion of the exchange offer), representing cost basis less impairment. In light of the continued uncertainty regarding the likelihood, ultimate timing, and eventual exchange rate for Class B-2 shares into Class A shares, we are carrying the Class B-2 shares at zero at both December 31 2025 and 2024, representing cost basis less impairment. However, given the current conversion ratio of 1.5108 Class A shares for every 1 Class B-2 share and the closing price of Visa Class A shares on February 24, 2026 of $307.22 per share, our 6,283 Class B-2 shares would have a current “value” of approximately $2.9 million.

With the completion of the exchange discussed above, we recorded a gain related to the Class C shares of $2.677 million during the second quarter of 2024 based on the conversion privilege of those shares and the closing price of the Class A shares on May 3, 2024 (the exchange expiration date) of $268.49 per share. Subsequent to the exchange, we sold all 2,493 shares of our Class C shares for net proceeds of $2.685 million. We held no Class C shares at December 31, 2025 and 2024.

As a condition to our participation in the exchange offer, we were required to enter into a Makewhole Agreement that will require us to reimburse Visa in certain circumstances if certain litigation in which Visa has been involved since 2008 results in damages significantly higher than Visa currently expects. Potential payments under the Makewhole Agreement are designed to equal the decline in value we would have experienced had we not participated in Visa’s exchange offer. Based on the disclosures that have been made by Visa regarding the status of this litigation and other circumstances relating to the exchange offer and potential future, similar exchange offers, we believe the likelihood we will have to make any payments under the Makewhole Agreement is remote.

FAIR VALUES OF FINANCIAL INSTRUMENTS

12 Months Ended

Dec. 31, 2025

Fair Values Of Financial Instruments [Abstract]

FAIR VALUES OF FINANCIAL INSTRUMENTS

Most of our assets and liabilities are considered financial instruments. Many of these financial instruments lack an available trading market and it is our general practice and intent to hold the majority of our financial instruments to maturity. Significant estimates and assumptions were used to determine the fair value of financial instruments. These estimates are subjective in nature, involving uncertainties and matters of judgment, and therefore, fair values may not be a precise estimate. Changes in assumptions could significantly affect the estimates.

Estimated fair values have been determined using available data and methodologies that are considered suitable for each category of financial instrument. For instruments with adjustable interest rates which reprice frequently and without significant credit risk, it is presumed that estimated fair values approximate the recorded book balances.

The estimated recorded book balances and fair values at December 31 follow:


					Fair Value Using
	Recorded Book Balance		Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Un- observable Inputs (Level 3)
	(In thousands)
2025
Assets
Cash and due from banks	$	52,235	$	52,235	$	52,235	$	—	$	—
Interest bearing deposits	86,152		86,152		86,152		—		—
Securities available for sale	495,909		495,909		—		495,909		—
Securities held to maturity	309,523		282,830		—		282,830		—
Federal Home Loan Bank and Federal Reserve Bank Stock	18,102		NA		NA		NA		NA
Net loans and loans held for sale	4,221,871		4,062,200		—		9,031		4,053,169
Accrued interest receivable	19,030		19,030		35		5,043		13,952
Derivative financial instruments	29,584		29,584		—		29,584		—
Liabilities
Deposits with no stated maturity (1)	$	3,967,941	$	3,967,941	$	3,967,941	$	—	$	—
Deposits with stated maturity (1)	793,741		791,598		—		791,598		—
Other borrowings	77,003		76,680		—		76,680		—

Subordinated debentures	39,864		39,761		—		39,761		—
Accrued interest payable	1,892		1,892		316		1,576		—
Derivative financial instruments	19,551		19,551		—		19,551		—
2024
Assets
Cash and due from banks	$	56,984	$	56,984	$	56,984	$	—	$	—
Interest bearing deposits	62,898		62,898		62,898		—		—
Securities available for sale	559,182		559,182		—		559,182		—
Securities held to maturity	339,436		301,860		—		301,860		—
Federal Home Loan Bank and Federal Reserve Bank Stock	16,099		NA		NA		NA		NA
Net loans and loans held for sale	3,987,089		3,772,862		—		7,643		3,765,219
Accrued interest receivable	19,113		19,113		46		5,606		13,461
Derivative financial instruments	37,059		37,059		—		37,059		—
Liabilities
Deposits with no stated maturity (1)	$	3,806,185	$	3,806,185	$	3,806,185	$	—	$	—
Deposits with stated maturity (1)	847,903		845,534		—		845,534		—
Other borrowings	45,009		44,996		—		44,996		—
Subordinated debt	39,586		40,412		—		40,412		—
Subordinated debentures	39,796		40,235		—		40,235		—
Accrued interest payable	3,109		3,109		374		2,735		—
Derivative financial instruments	18,623		18,623		—		18,623		—

NA – Not applicable


(1)			Deposits with no stated maturity include reciprocal deposits with a recorded book balance of $862.697 million and $797.224 million at December 31, 2025 and 2024, respectively. Deposits with a stated maturity include reciprocal deposits with a recorded book balance of $112.224 million and $109.807 million at December 31, 2025 and 2024, respectively.

The fair values for commitments to extend credit and standby letters of credit are estimated to approximate their aggregate book balance, which is nominal, and therefore are not disclosed.

Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale the entire holdings of a particular financial instrument.

Fair value estimates are based on existing on- and off-balance sheet financial instruments without attempting to estimate the value of anticipated future business, the value of future earnings attributable to off-balance sheet activities and the value of assets and liabilities that are not considered financial instruments.

Fair value estimates for deposit accounts do not include the value of the core deposit intangible asset resulting from the low-cost funding provided by the deposit liabilities compared to the cost of borrowing funds in the market.

OTHER REAL ESTATE - Valuation Allowance for Other Real Estate Owned (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Real Estate Owned Valuation Allowance [Roll Forward]
Balance at beginning of year	$ 0	$ 0	$ 0
Additions charged to expense	40	16	54
Direct write-downs upon sale	0	(16)	(54)
Balance at end of year	$ 40	$ 0	$ 0

SECURITIES

12 Months Ended

Dec. 31, 2025

Investments, Debt and Equity Securities [Abstract]

SECURITIES

Securities AFS consist of the following at December 31:


	Amortized Cost		Unrealized				Fair Value
			Gains		Losses
	(In thousands)
2025
U.S. agency	$	8,320	$	1	$	404	$	7,917
U.S. agency residential mortgage-backed	87,435		136		6,506		81,065
U.S. agency commercial mortgage-backed	8,039		—		853		7,186
Private label mortgage-backed	42,689		260		2,443		40,506
Other asset backed	30,633		31		479		30,185
Obligations of states and political subdivisions	319,402		—		39,000		280,402
Corporate	49,355		2		1,696		47,661
Trust preferred	990		—		3		987
Total	$	546,863	$	430	$	51,384	$	495,909

2024
U.S. agency	$	8,858	$	1	$	700	$	8,159
U.S. agency residential mortgage-backed	80,589		47		9,499		71,137
U.S. agency commercial mortgage-backed	12,821		—		1,180		11,641
Private label mortgage-backed	74,268		263		4,496		70,035
Other asset backed	39,232		18		734		38,516
Obligations of states and political subdivisions	330,874		14		42,097		288,791
Corporate	73,960		—		4,039		69,921
Trust preferred	986		—		4		982
Total	$	621,588	$	343	$	62,749	$	559,182

Securities HTM consist of the following at December 31:


	Carrying Value		Transferred Unrealized Loss (1)		ACL		Amortized Cost		Unrecognized				Fair Value
									Gains		Losses
	(In thousands)
2025
U.S. agency	$	22,446	$	1,220	$	—	$	23,666	$	—	$	3,833	$	19,833
U.S. agency residential mortgage-backed	92,900		7,688		—		100,588		—		19,337		81,251
U.S. agency commercial mortgage-backed	3,734		62		—		3,796		—		249		3,547
Private label mortgage-backed	7,294		80		2		7,376		—		272		7,104
Obligations of states and political subdivisions	149,915		3,717		19		153,651		36		14,278		139,409
Corporate	32,276		177		67		32,520		—		1,834		30,686
Trust preferred	958		38		4		1,000		—		—		1,000
Total	$	309,523	$	12,982	$	92	$	322,597	$	36	$	39,803	$	282,830

2024
U.S. agency	$	24,150	$	1,404	$	—	$	25,554	$	—	$	4,987	$	20,567
U.S. agency residential mortgage-backed	100,700		8,669		—		109,369		—		24,631		84,738
U.S. agency commercial mortgage-backed	4,013		107		—		4,120		—		402		3,718
Private label mortgage-backed	7,350		190		1		7,541		—		551		6,990
Obligations of states and political subdivisions	156,305		5,262		17		161,584		28		19,461		142,151
Corporate	45,964		496		111		46,571		—		3,875		42,696
Trust preferred	954		43		3		1,000		—		—		1,000
Total	$	339,436	$	16,171	$	132	$	355,739	$	28	$	53,907	$	301,860

(1)Represents the remaining unrealized loss to be accreted on securities that were transferred from AFS to HTM on April 1, 2022.


	Less Than Twelve Months				Twelve Months or More				Total
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
	(In thousands)
2025
U.S. agency	$	972	$	1	$	6,884	$	403	$	7,856	$	404
U.S. agency residential mortgage-backed	6,931		5		49,103		6,501		56,034		6,506
U.S. agency commercial mortgage-backed	—		—		7,186		853		7,186		853
Private label mortgage-backed	—		—		39,234		2,443		39,234		2,443
Other asset backed	1,392		3		24,417		476		25,809		479
Obligations of states and political subdivisions	156		9		280,246		38,991		280,402		39,000
Corporate	—		—		45,986		1,696		45,986		1,696
Trust preferred	—		—		987		3		987		3
Total	$	9,451	$	18	$	454,043	$	51,366	$	463,494	$	51,384

2024
U.S. agency	$	324	$	1	$	7,565	$	699	$	7,889	$	700
U.S. agency residential mortgage-backed	147		—		61,219		9,499		61,366		9,499
U.S. agency commercial mortgage-backed	—		—		11,641		1,180		11,641		1,180
Private label mortgage-backed	2,551		8		66,411		4,488		68,962		4,496
Other asset backed	3,984		19		27,052		715		31,036		734
Obligations of states and political subdivisions	221		1		288,570		42,096		288,791		42,097
Corporate	1,473		23		68,448		4,016		69,921		4,039
Trust preferred	—		—		982		4		982		4
Total	$	8,700	$	52	$	531,888	$	62,697	$	540,588	$	62,749

Securities AFS in unrealized loss positions are evaluated quarterly for impairment related to credit losses. For securities AFS in an unrealized loss position, we first assess whether we intend to sell, or it is more likely than not that we will be required to sell the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is written down to fair value through earnings. No securities AFS met these two criteria during the periods presented. For securities AFS that do not meet this criteria, we evaluate whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, we consider the extent to which fair value is less than amortized cost, adverse conditions specifically related to the security and the issuer and the impact of changes in market interest rates on the market value of the security, among other factors. If this assessment indicates that a credit loss exists, we compare the present value of cash flows expected to be collected from the security with the amortized cost basis of the security. If the present value of cash flows expected to be collected is less than the amortized cost basis for the security, a credit loss exists and an ACL is recorded, limited to the amount that the fair value of the security is less than its amortized cost basis. Any impairment that has not been recorded through an ACL is recognized in other comprehensive income, net of applicable taxes. No ACL for securities AFS was needed at December 31, 2025 and 2024. Accrued interest receivable on securities AFS totaled $3.5 million and $3.9 million at

December 31, 2025 and 2024, respectively and is excluded from the estimate of credit losses and is included in accrued income and other assets in the Consolidated Statements of Financial Condition.

The following is a summary of securities AFS with an unrealized loss by grouping as of December 31, 2025.

U.S. agency, U.S. agency residential mortgage-backed and U.S. agency commercial mortgage backed securities — at December 31, 2025, we had 29 U.S. agency, 88 U.S. agency residential mortgage-backed and 9 U.S. agency commercial mortgage-backed securities whose fair value is less than amortized cost. These securities are either explicitly or implicitly guaranteed by the U.S. government, are highly rated by major credit rating agencies, and have a long history of no credit losses. The unrealized losses are largely attributed to widening spreads to Treasury bonds and/or an increase in interest rates since acquisition.

Private label mortgage backed, other asset backed and corporate securities — at December 31, 2025, we had 48 private label mortgage backed, 39 other asset backed, and 51 corporate securities whose fair value is less than amortized cost. The unrealized losses are primarily due to credit spread widening and/or an increase in interest rates since acquisition.

Obligations of states and political subdivisions — at December 31, 2025, we had 288 municipal securities whose fair value is less than amortized cost. The unrealized losses are primarily due to an increase in interest rates since acquisition.

Trust preferred securities — at December 31, 2025, we had one trust preferred security whose fair value is less than amortized cost. This trust preferred security is a single issue security issued by a trust subsidiary of a bank holding company. The pricing of trust preferred securities has suffered from credit spread widening. This security is rated by a major rating agency as investment grade.

At December 31, 2025 management does not intend to liquidate any of the securities AFS discussed above and it is more likely than not that we will not be required to sell these securities AFS prior to recovery of these unrealized losses.

We recorded no credit related charges in our Consolidated Statements of Operations related to securities AFS during 2025, 2024, and 2023.

The ACL on securities HTM is a contra asset valuation account that is deducted from the carrying amount of securities HTM to present the net amount expected to be collected. Securities HTM are charged off against the ACL when deemed uncollectible. Adjustments to the ACL are reported in our Consolidated Statements of Operations in provision for credit losses. We measure expected credit losses on securities HTM on a collective basis by major security type with each type sharing similar risk characteristics and consider historical credit loss information. Accrued interest receivable on securities HTM totaled $1.5 million and $1.7 million at December 31, 2025 and 2024, respectively and is excluded from the estimate of credit losses and is included in accrued income and other assets in the Consolidated Statements of Financial Condition. With regard to U.S. Government-sponsored agency and mortgage-backed securities (residential and commercial), all these securities are issued by a U.S. government-sponsored entity and have an implicit or explicit government guarantee; therefore, no allowance for credit losses has been recorded for these securities. With regard to obligations of states and political subdivisions, private label-mortgage-backed, corporate and trust preferred securities HTM, we consider (1) issuer bond ratings, (2) historical loss rates for given bond ratings, (3) the financial condition of the issuer, and (4) whether issuers continue to make timely principal and interest payments under the contractual terms of the securities. Historical loss rates associated with securities having similar grades as those in our portfolio have been insignificant. During the first quarter of 2023, one corporate security (Signature Bank) defaulted resulting in a $3.0 million provision for credit losses and a corresponding full charge-off. Subsequent to this security's charge-off, a portion of its fair value had recovered and was subsequently sold during the first quarter of 2024 for $1.1 million during which period we recorded that amount as a recovery to the ACL. Despite this lone security loss, the long-term historical loss rates associated with securities having similar grades as those in our portfolio have been insignificant. Furthermore, as of December 31, 2025 and 2024, there were no past due principal and interest payments associated with these securities. At those same dates an allowance for credit losses of $92,000 and $132,000, respectively was recorded on non U.S. agency securities HTM based on applying the long-term historical credit loss rate, as published by credit rating agencies, for similarly rated securities.

On a quarterly basis, we monitor the credit quality of securities HTM through the use of credit ratings. The carrying value of securities HTM at December 31, aggregated by credit quality follow:


	Private Label Mortgage- Backed		Obligations of States and Political Subdivisions		Corporate		Trust Preferred		Carrying Value Total
	(In thousands)
2025
Credit rating:
AAA	$	7,294	$	17,357	$	—	$	—	$	24,651
AA	—		116,264		—		—		116,264
A	—		2,740		3,500		—		6,240
BBB	—		441		23,814		—		24,255
BB	—		—		1,983		—		1,983
Non-rated	—		13,113		2,979		958		17,050
Total	$	7,294	$	149,915	$	32,276	$	958	$	190,443

2024
Credit rating:
AAA	$	7,350	$	34,973	$	—	$	—	$	42,323
AA	—		101,112		—		—		101,112
A	—		3,473		5,005		—		8,478
BBB	—		652		36,045		—		36,697
BB	—		—		1,963		—		1,963
Non-rated	—		16,095		2,951		954		20,000
Total	$	7,350	$	156,305	$	45,964	$	954	$	210,573

An analysis of the ACL by security HTM type for the year ended December 31, follows:


	Private Label Mortgage- Backed		Obligations of States and Political Subdivisions		Corporate		Trust Preferred		Total
	(In thousands)
2025
Balance at beginning of period	$	1	$	17	$	111	$	3	$	132
Additions (deductions)
Provision for credit losses	1		2		(44)		1		(40)
Recoveries credited to the allowance	—		—		—		—		—
Securities HTM charged against the allowance	—		—		—		—		—
Balance at end of period	$	2	$	19	$	67	$	4	$	92

2024
Balance at beginning of period	$	4	$	33	$	116	$	4	$	157
Additions (deductions)
Provision for credit losses	(3)		(16)		(1,130)		(1)		(1,150)
Recoveries credited to the allowance	—		—		1,125		—		1,125
Securities HTM charged against the allowance	—		—		—		—		—
Balance at end of period	$	1	$	17	$	111	$	3	$	132

2023
Balance at beginning of period	$	1	$	39	$	123	$	5	$	168
Additions (deductions)
Provision for credit losses	3		(6)		2,993		(1)		2,989
Recoveries credited to the allowance	—		—		—		—		—
Securities HTM charged against the allowance	—		—		(3,000)		—		(3,000)
Balance at end of period	$	4	$	33	$	116	$	4	$	157

There were no securities HTM on nonaccrual or past due at December 31, 2025 and 2024.

The amortized cost and fair value of securities AFS and securities HTM at December 31, 2025, by contractual maturity, follow:


	Securities AFS				Securities HTM
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
	(In thousands)
Maturing within one year	$	23,447	$	23,218	$	13,575	$	13,448
Maturing after one year but within five years	122,874		117,098		49,421		47,377
Maturing after five years but within ten years	44,713		40,445		83,561		75,354
Maturing after ten years	187,033		156,206		64,280		54,749
	378,067		336,967		210,837		190,928
U.S. agency residential mortgage-backed	87,435		81,065		100,588		81,251
U.S. agency commercial mortgage-backed	8,039		7,186		3,796		3,547
Private label mortgage-backed	42,689		40,506		7,376		7,104
Other asset backed	30,633		30,185		—		—
Total	$	546,863	$	495,909	$	322,597	$	282,830

The actual maturity may differ from the contractual maturity because issuers may have the right to call or prepay obligations with or without call or prepayment penalties.

A summary of proceeds from the sale of securities available for sale and gains and losses for the years ended December 31 follow:


			Realized
	Proceeds		Gains		Losses
	(In thousands)
2025	$	32,193	$	44	$	414
2024	39,517		14		442
2023	278		—		222

The tax benefit related to these net realized losses was $0.08 million, $0.09 million and $0.05 million for the years ended December 31, 2025, 2024 and 2023, respectively.

Securities AFS and HTM with a fair value of $17.4 million and $13.5 million at December 31, 2025 and 2024, respectively, were pledged to secure borrowings, derivatives, public deposits and for other purposes as required by law. There were no investment obligations of state and political subdivisions that were payable from or secured by the same source of revenue or taxing authority that exceeded 10% of consolidated total shareholders’ equity at December 31, 2025 or 2024.

During the second quarter of 2024 we acquired certain securities classified as equity securities at fair value consisting of Visa Inc. Class C common stock. These securities were all sold in 2024. For the year ended December 31, 2024, we recognized a gain on these equity securities of $2.7 million that was included in net gains on equity securities at fair value in the Consolidated Statements of Operations. We had no equity securities at December 31, 2025. See note #11.

ACCOUNTING POLICIES - Operating Segments (Details) - segment	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Operating Segments [Abstract]
Number of reportable segments	1	1	1

SECURITIES - Amortized Cost and Fair Value of Held To Maturity Contractual Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Securities HTM, Amortized Cost
Maturing within one year	$ 13,575
Maturing after one year but within five years	49,421
Maturing after five years but within ten years	83,561
Maturing after ten years	64,280
Total securities held-to-maturity, amortized cost	210,837
Amortized Cost	322,597	$ 355,739
Securities HTM, Fair Value
Maturing within one year	13,448
Maturing after one year but within five years	47,377
Maturing after five years but within ten years	75,354
Maturing after ten years	54,749
Total securities held-to-maturity, fair value	190,928
Total securities held-to-maturity, fair value	282,830	301,860
U.S. agency residential mortgage-backed
Securities HTM, Amortized Cost
Held to maturity securities, without single maturity date, amortized cost	100,588
Amortized Cost	100,588	109,369
Securities HTM, Fair Value
Held to maturity securities, without single maturity date, fair value	81,251
Total securities held-to-maturity, fair value	81,251	84,738
U.S. agency commercial mortgage-backed
Securities HTM, Amortized Cost
Held to maturity securities, without single maturity date, amortized cost	3,796
Amortized Cost	3,796	4,120
Securities HTM, Fair Value
Held to maturity securities, without single maturity date, fair value	3,547
Total securities held-to-maturity, fair value	3,547	3,718
Private label mortgage-backed
Securities HTM, Amortized Cost
Held to maturity securities, without single maturity date, amortized cost	7,376
Amortized Cost	7,376	7,541
Securities HTM, Fair Value
Held to maturity securities, without single maturity date, fair value	7,104
Total securities held-to-maturity, fair value	7,104	$ 6,990
Other asset backed
Securities HTM, Amortized Cost
Held to maturity securities, without single maturity date, amortized cost	0
Securities HTM, Fair Value
Held to maturity securities, without single maturity date, fair value	$ 0

LOANS - Narrative (Details)	12 Months Ended
LOANS - Narrative (Details)	Dec. 31, 2025 USD ($) payment loan qtr PSARate	Dec. 31, 2024 USD ($) loan PSARate	Dec. 31, 2023 USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Deferred loan costs	$ 22,700,000	$ 24,400,000
Proceeds from sale of loans held-for-investment	22,594,000	20,780,000	$ 56,561,000
Net gains on mortgage loans	6,780,000	6,579,000	7,436,000
Accrued Interest	800,000	300,000	300,000
Interest income	$ 0	$ 0	0
Troubled loan modification, term increase	12 years	7 years 1 month 6 days
Number of contracts \| loan	1	0
Troubled loan modifications, non-accrual, amount	$ 70,000.00
Past due period for modified loans	90 days
Number of consecutive payments for mortgage loans missed \| payment	4
Custodial deposit accounts	$ 26,200,000	$ 29,400,000
Maximum number of consecutive quarterly losses recorded for profitability requirement \| qtr	4
Percentage of decline in net worth during the period	30.00%
Maximum percentage of decline in net worth for one consecutive quarter	25.00%
Maximum percentage of decline in net worth for two consecutive quarters	40.00%
Average coupon rate	4.52%	4.13%
Average servicing fee	0.26%	0.26%
Average discount rate	9.94%	10.37%
Average PSA rate \| PSARate	160	125
Fixed Rate Residential Mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Proceeds from sale of loans held-for-investment	$ 22,200,000	$ 20,800,000
Net gains on mortgage loans	410,000	$ 420,000
Residential Adjustable Rate Mortgage \| Mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Proceeds from sale of loans held-for-investment			56,700,000
Net gains on mortgage loans			$ (140,000)
1-4 family owner occupied - non-jumbo \| Mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Troubled loan modification	$ 100,000
Troubled loan modifications to total loans, percentage	0.10%
Modification, number of loans \| loan	2	5
Troubled loan modification, amount		$ 510,000
Troubled loan modifications to total loans, percentage		0.001
1-4 family owner occupied - non-jumbo \| Mortgage \| Contractual Interest Rate Reduction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Modification, number of loans \| loan		1
Modification, nonaccrual, number of loans \| loan	1
Troubled loan modification, interest rate reduction, percent	4.75%	3.625%
1-4 family - 2nd lien \| Mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Modification, number of loans \| loan		1
Troubled loan modification, amount		$ 70,000.00
Troubled loan modifications to total loans, percentage		0.001

INCOME TAX - Narrative (Details) - USD ($)		1 Months Ended	12 Months Ended
INCOME TAX - Narrative (Details) - USD ($)	Jan. 15, 2026	Dec. 31, 2025	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Income Tax Paid, by Individual Jurisdiction [Line Items]
Tax credit transfer agreement , purchase amount		$ 22,900,000
Tax credit transfer agreement , purchase price percentage		92.00%
Tax credit transfer agreement, income taxes receivable		$ 22,900,000	$ 22,900,000
Tax credit transfer agreement liability		21,100,000	21,100,000
Purchased tax credits			1,836,000	$ 0	$ 0
Unrecognized tax benefits that would impact effective tax rate		40,000.00	40,000.00
Unrecognized tax benefits, income tax penalties and interest			0	0	0
Unrecognized tax benefits, income tax penalties and interest accrued		$ 0	$ 0	$ 0	$ 0
Subsequent Event
Income Tax Paid, by Individual Jurisdiction [Line Items]
Payment for tax credit transfer agreement	$ 21,100,000

LEASES - Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
2026	$ 1,479
2027	1,340
2028	1,289
2029	1,296
2030	1,126
2031 and thereafter	2,255
Total lease payments	8,785
Less imputed interest	(1,257)
Total	$ 7,528	$ 6,338

NON-INTEREST INCOME - OTHER (Tables)

12 Months Ended

Dec. 31, 2025

Noninterest Income, Other [Abstract]

Schedule of Other Non-Interest Income

Other non-interest income for the years ended December 31 follows:


	2025		2024		2023
	(In thousands)
Investment and insurance commissions	$	3,510	$	3,268	$	3,456
ATM fees	1,576		1,650		1,683
Bank owned life insurance	1,187		834		474
Other	6,252		6,465		6,866
Total other non-interest income	$	12,525	$	12,217	$	12,479

ACCOUNTING POLICIES - Securities (Details) - USD ($)	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Schedule of Held-to-Maturity Securities [Line Items]
Debt securities, held-to-maturity, allowance for credit loss	$ 92,000	$ 132,000	$ 157,000	$ 168,000
U.S. agency
Schedule of Held-to-Maturity Securities [Line Items]
Debt securities, held-to-maturity, allowance for credit loss	0	0
U.S. agency commercial mortgage-backed
Schedule of Held-to-Maturity Securities [Line Items]
Debt securities, held-to-maturity, allowance for credit loss	0	0
U.S. agency residential mortgage-backed
Schedule of Held-to-Maturity Securities [Line Items]
Debt securities, held-to-maturity, allowance for credit loss	$ 0	$ 0

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (aaa)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 320
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-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 320
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-Name Accounting Standards Codification
-Section 50
-Paragraph 5
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-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 320
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-Name Accounting Standards Codification
-Section 50
-Paragraph 5
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 320
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-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (f)(3)
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-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (f)(4)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 320
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-Name Accounting Standards Codification
-Section 50
-Paragraph 5A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5A

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
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-Publisher FASB
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Reference 12: http://www.xbrl.org/2003/role/disclosureRef
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-Name Accounting Standards Codification
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Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 320
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-Name Accounting Standards Codification
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Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 320
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Reference 15: http://www.xbrl.org/2003/role/disclosureRef
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Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 320
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-URI https://asc.fasb.org/1943274/2147481800/320-10-50-5

+ Details

RELATED PARTY TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2025

Summary of Loans to Directors and Executive Officers

A summary of loans to our directors and executive officers (which includes loans to entities in which the individual owns a 10% or more voting interest) for the years ended December 31 follows:


	2025		2024
	(In thousands)
Balance at beginning of year	$	3,938	$	7,373
New loans and advances	402		237
Repayments	(459)		(3,672)
Balance at end of year	$	3,881	$	3,938

REVENUE FROM CONTRACTS WITH CUSTOMERS - Narrative (Details)	12 Months Ended
	Dec. 31, 2025 USD ($) asset	Dec. 31, 2024 USD ($) asset	Dec. 31, 2023 asset
Revenue from Contract with Customer [Abstract]
Percentage of revenues excluded from ASC Topic 606	88.20%	88.50%	86.80%
Contract with customer, asset, after allowance for credit loss	$ 0	$ 0
Contract with customer, liability	$ 0	$ 0
Number of real estate assets sold during the period \| asset	0	0	0

COMMITMENTS AND CONTINGENT LIABILITIES - Narrative (Details)			8 Months Ended	12 Months Ended
	May 06, 2024 shares	May 03, 2024 USD ($) $ / shares	Dec. 31, 2024 USD ($) $ / shares shares	Dec. 31, 2025 USD ($) segment $ / shares shares	Dec. 31, 2024 USD ($) $ / shares shares	Dec. 31, 2023 USD ($)	Feb. 24, 2026 USD ($) $ / shares shares	Sep. 30, 2025 $ / shares	Jun. 30, 2025 $ / shares	Mar. 31, 2025 $ / shares	Sep. 30, 2024 $ / shares	Jun. 30, 2024 $ / shares	May 05, 2024 USD ($)	Mar. 31, 2024 $ / shares
Commitments And Contingencies [Line Items]
Number of pending claims \| segment				3
Closing price (in dollars per share) \| $ / shares			$ 34.83	$ 32.53	$ 34.83			$ 30.98	$ 32.41	$ 30.79	$ 33.35	$ 27.00		$ 25.35
Proceeds from sales of equity securities at fair value \| $				$ 0	$ 2,685,000	$ 0
VISA Class B-1 Common Stock \| Subsequent Event
Commitments And Contingencies [Line Items]
Current value of shares owned \| $							$ 2,900,000
Visa Class B-2 \| Subsequent Event
Commitments And Contingencies [Line Items]
Number of shares owned (in shares)							6,283
VISA Class A Common Stock
Commitments And Contingencies [Line Items]
Current conversion ratio				1.5108
VISA Class A Common Stock \| Subsequent Event
Commitments And Contingencies [Line Items]
Closing price (in dollars per share) \| $ / shares							$ 307.22
Visa \| Common Stock, Class B-1
Commitments And Contingencies [Line Items]
Number of shares owned (in shares)	12,566
Investments \| $													$ 0
Visa \| Common Stock, Class C
Commitments And Contingencies [Line Items]
Exchange offer, shares received (in shares)	2,493
Exchange offer, conversion ratio, non-affiliated holder (in shares)	4
Visa \| Visa Class B-2
Commitments And Contingencies [Line Items]
Number of shares owned (in shares)	6,283
Investments \| $			$ 0	$ 0	$ 0
Visa \| Common Class C
Commitments And Contingencies [Line Items]
Number of shares owned (in shares)			0	0	0
Gain on sale of investments \| $		$ 2,677,000
Investment sold (in shares)			2,493
Proceeds from sales of equity securities at fair value \| $			$ 2,685,000
Visa \| Common Class A
Commitments And Contingencies [Line Items]
Closing price (in dollars per share) \| $ / shares		$ 268.49
Minimum
Commitments And Contingencies [Line Items]
Closing price (in dollars per share) \| $ / shares			$ 30.95	$ 29.83	$ 30.95			29.63	26.75	29.75	25.46	22.53		22.80
Minimum \| Commitments to extend credit
Commitments And Contingencies [Line Items]
Fixed interest rate				0.00%
Maturity term (in years)				1 year
Minimum \| Standby letters of credit
Commitments And Contingencies [Line Items]
Variable interest rate				3.25%
Maximum
Commitments And Contingencies [Line Items]
Closing price (in dollars per share) \| $ / shares			$ 40.32	$ 35.67	$ 40.32			$ 34.72	$ 33.07	$ 37.13	$ 35.97	$ 27.88		$ 27.34
Maximum \| Commitments to extend credit
Commitments And Contingencies [Line Items]
Fixed interest rate				18.00%
Maturity term (in years)				10 years
Maximum \| Standby letters of credit
Commitments And Contingencies [Line Items]
Variable interest rate				12.75%

LEASES (Tables)

12 Months Ended

Dec. 31, 2025

Leases [Abstract]

Schedule of Lease, Cost

The cost components of our operating leases follows:


	2025		2024		2023
	(In thousands)
Operating lease cost	$	1,408	$	1,385	$	1,436
Variable lease cost	15		44		97
Short-term lease cost	75		91		94
Total	$	1,498	$	1,520	$	1,627

Schedule of Supplemental Balance Sheet Information Related to Operating Leases

Supplemental balance sheet information related to our operating leases follows:


	2025			2024
	(In thousands)
Lease right of use asset (1)	$	7,296		$	5,971
Lease liabilities (2)	$	7,528		$	6,338

Weighted average remaining lease term (years)	6.79			7.07
Weighted average discount rate	4.4		%	3.7		%

(1)Included in Accrued income and other assets in our Consolidated Statements of Financial Condition.

(2)Included in Accrued expenses and other liabilities in our Consolidated Statements of Financial Condition.

Schedule of Maturity Analysis of Lease Liabilities

Maturity analysis of our lease liabilities at December 31, 2025 based on required contractual payments follows:


	(In thousands)
2026	$	1,479
2027	1,340
2028	1,289
2029	1,296
2030	1,126
2031 and thereafter	2,255
Total lease payments	8,785
Less imputed interest	(1,257)
Total	$	7,528

Audit Information	12 Months Ended
Audit Information	Dec. 31, 2025
Auditor Information [Abstract]
Auditor Name	Crowe LLP
Auditor Location	Grand Rapids, Michigan
Auditor Firm ID	173

DERIVATIVE FINANCIAL INSTRUMENTS - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total shareholders’ equity	$ 502,951	$ 454,686	$ 404,449	$ 347,596
Cash flow hedge gain (loss) to be reclassified within 12 months	$ 900
Derivative, term of contract	3 years 7 months 13 days
Unrealized Gains (Losses) on Derivative Instruments
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total shareholders’ equity	$ (1,380)	$ (2,070)	$ 177	$ 0
Interest Rate Cap, Terminated Q2 2023 \| Unrealized Gains (Losses) on Derivative Instruments
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total shareholders’ equity	$ 120

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

- Definition

Amount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
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Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
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Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
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Reference 13: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

REVENUE FROM CONTRACTS WITH CUSTOMERS - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Disaggregation of Revenue [Abstract]
Revenue from contracts with customers	$ 32,075	$ 31,979	$ 32,903
Bank owned life insurance	1,187	834	474
Other	5,145	5,266	5,459
Total other non-interest income	12,525	12,217	12,479
Service Charges on Deposit Accounts
Disaggregation of Revenue [Abstract]
Revenue from contracts with customers	12,022	11,870	12,361
Overdraft fees \| Retail
Disaggregation of Revenue [Abstract]
Revenue from contracts with customers	8,939	9,061	9,686
Overdraft fees \| Business
Disaggregation of Revenue [Abstract]
Revenue from contracts with customers	446	451	513
Account service charges \| Retail
Disaggregation of Revenue [Abstract]
Revenue from contracts with customers	2,637	2,358	2,162
Other Deposit Related Income
Disaggregation of Revenue [Abstract]
Revenue from contracts with customers	2,683	2,849	3,090
ATM fees \| Retail
Disaggregation of Revenue [Abstract]
Revenue from contracts with customers	1,529	1,601	1,636
ATM fees \| Business
Disaggregation of Revenue [Abstract]
Revenue from contracts with customers	47	49	47
Other \| Retail
Disaggregation of Revenue [Abstract]
Revenue from contracts with customers	653	772	993
Other \| Business
Disaggregation of Revenue [Abstract]
Revenue from contracts with customers	454	427	414
Interchange Income
Disaggregation of Revenue [Abstract]
Revenue from contracts with customers	13,860	13,992	13,996
Investment and Insurance Commissions
Disaggregation of Revenue [Abstract]
Revenue from contracts with customers	3,510	3,268	3,456
Asset management revenue
Disaggregation of Revenue [Abstract]
Revenue from contracts with customers	1,637	1,847	1,861
Transaction based revenue
Disaggregation of Revenue [Abstract]
Revenue from contracts with customers	$ 1,873	$ 1,421	$ 1,595

FAIR VALUES OF FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2025

Fair Values Of Financial Instruments [Abstract]

Estimated Fair Values and Recorded Book Balances

The estimated recorded book balances and fair values at December 31 follow:


					Fair Value Using
	Recorded Book Balance		Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Un- observable Inputs (Level 3)
	(In thousands)
2025
Assets
Cash and due from banks	$	52,235	$	52,235	$	52,235	$	—	$	—
Interest bearing deposits	86,152		86,152		86,152		—		—
Securities available for sale	495,909		495,909		—		495,909		—
Securities held to maturity	309,523		282,830		—		282,830		—
Federal Home Loan Bank and Federal Reserve Bank Stock	18,102		NA		NA		NA		NA
Net loans and loans held for sale	4,221,871		4,062,200		—		9,031		4,053,169
Accrued interest receivable	19,030		19,030		35		5,043		13,952
Derivative financial instruments	29,584		29,584		—		29,584		—
Liabilities
Deposits with no stated maturity (1)	$	3,967,941	$	3,967,941	$	3,967,941	$	—	$	—
Deposits with stated maturity (1)	793,741		791,598		—		791,598		—
Other borrowings	77,003		76,680		—		76,680		—

Subordinated debentures	39,864		39,761		—		39,761		—
Accrued interest payable	1,892		1,892		316		1,576		—
Derivative financial instruments	19,551		19,551		—		19,551		—
2024
Assets
Cash and due from banks	$	56,984	$	56,984	$	56,984	$	—	$	—
Interest bearing deposits	62,898		62,898		62,898		—		—
Securities available for sale	559,182		559,182		—		559,182		—
Securities held to maturity	339,436		301,860		—		301,860		—
Federal Home Loan Bank and Federal Reserve Bank Stock	16,099		NA		NA		NA		NA
Net loans and loans held for sale	3,987,089		3,772,862		—		7,643		3,765,219
Accrued interest receivable	19,113		19,113		46		5,606		13,461
Derivative financial instruments	37,059		37,059		—		37,059		—
Liabilities
Deposits with no stated maturity (1)	$	3,806,185	$	3,806,185	$	3,806,185	$	—	$	—
Deposits with stated maturity (1)	847,903		845,534		—		845,534		—
Other borrowings	45,009		44,996		—		44,996		—
Subordinated debt	39,586		40,412		—		40,412		—
Subordinated debentures	39,796		40,235		—		40,235		—
Accrued interest payable	3,109		3,109		374		2,735		—
Derivative financial instruments	18,623		18,623		—		18,623		—

NA – Not applicable


(1)			Deposits with no stated maturity include reciprocal deposits with a recorded book balance of $862.697 million and $797.224 million at December 31, 2025 and 2024, respectively. Deposits with a stated maturity include reciprocal deposits with a recorded book balance of $112.224 million and $109.807 million at December 31, 2025 and 2024, respectively.

ACCOUNTING POLICIES - Allowance for Credit Losses (Details)	12 Months Ended
	Dec. 31, 2025 analyst
Mortgage
Schedule of Held-to-Maturity Securities [Line Items]
Number of analysts used in forecast	50
R&S forecast period	1 year
Average unemployment rate, term	75 years
Loss given default forecast period	2 years
Reversion period	2 years
Installment
Schedule of Held-to-Maturity Securities [Line Items]
Number of analysts used in forecast	50
R&S forecast period	1 year
Average unemployment rate, term	75 years

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Assets
Securities held-to-maturity, fair value	$ 282,830	$ 301,860
Shareholders’ Equity
Preferred stock, par value (in dollars per share)	$ 0	$ 0
Preferred stock, shares authorized (in shares)	200,000	200,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0	$ 0
Common stock, shares authorized (in shares)	500,000,000	500,000,000
Common stock, shares issued (in shares)	20,548,893	20,895,714
Common stock, shares outstanding (in shares)	20,548,893	20,895,714

PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2025

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

A summary of property and equipment at December 31 follows:


	2025		2024
	(In thousands)
Land and land improvements	$	17,390	$	16,329
Buildings	66,369		64,103
Equipment	83,743		80,988
	167,502		161,420
Accumulated depreciation and amortization	(128,530)		(123,928)
Property and equipment, net	$	38,972	$	37,492

Depreciation expense was $5.0 million, $5.2 million and $5.2 million in 2025, 2024 and 2023, respectively.

DEPOSITS - Summary of Maturity of Time Deposits (Details) $ in Thousands	Dec. 31, 2025 USD ($)
Summary of the maturity of time deposits [Abstract]
2026	$ 770,122
2027	17,873
2028	2,423
2029	2,050
2030	1,256
2031 and thereafter	17
Total	$ 793,741

RELATED PARTY TRANSACTIONS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Summary of loans and leases receivable [Roll Forward]
Balance at beginning of year	$ 3,938	$ 7,373
New loans and advances	402	237
Repayments	(459)	(3,672)
Balance at end of year	$ 3,881	$ 3,938
Minimum
Related Party Transaction [Line Items]
Related party entity ownership percentage	10.00%	10.00%

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-3

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-1

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(k)(2))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(k)(1))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 310
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481990/310-10-45-13

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(c)(2)(i))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(c)(2)(ii))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(g)(3))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1

+ Details

RESTRICTIONS ON CASH AND DUE FROM BANKS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Restricted Cash and Investments [Abstract]
Average reserve balances maintained	$ 0	$ 0
Reserve balances held at unrelated financial institutions	$ 100,000	$ 0

LOANS

12 Months Ended

Dec. 31, 2025

Receivables [Abstract]

LOANS

Our loan portfolios by class at December 31 follow:


	2025		2024
	(In thousands)
Commercial
Commercial and industrial	$	1,158,841	$	1,001,329
Commercial real estate	1,054,716		936,035
Total commercial	2,213,557		1,937,364

Mortgage
1-4 family owner occupied - jumbo	878,761		875,551
1-4 family owner occupied - non-jumbo	289,562		299,142
1-4 family non-owner occupied	172,293		176,950
1-4 family - 2nd lien	157,597		133,947
Resort lending	26,608		31,136
Total mortgage	1,524,821		1,516,726

Installment
Boat lending	272,512		264,341
Recreational vehicle lending	191,857		224,537
Other	73,538		95,857
Total installment	537,907		584,735

Total loans	4,276,285		4,038,825
Allowance for credit losses	(63,445)		(59,379)
Net Loans	$	4,212,840	$	3,979,446

Loans include net deferred loan costs of $22.7 million and $24.4 million at December 31, 2025 and 2024, respectively.

During 2025, we sold $22.2 million of portfolio residential fixed rate and adjustable rate mortgage loans servicing retained and recognized a gain on sale of $0.41 million. During 2024, we sold $20.8 million of portfolio residential fixed and adjustable rate mortgage loans servicing retained and recognized a gain on sale of $0.42 million. During 2023, we sold $56.7 million of portfolio residential fixed and adjustable rate mortgage loans servicing retained and recognized a loss on sale of $0.14 million. These loan sale transactions were done primarily for asset/liability management purposes.

An analysis of the ACL by portfolio segment for the years ended December 31 follows:


	Commercial		Mortgage		Installment		Subjective Allocation		Total
	(In thousands)
2025
Balance at beginning of period	$	22,872	$	22,317	$	3,040	$	11,150	$	59,379
Additions (deductions)
Provision for credit losses	6,138		(1,559)		1,367		(270)		5,676
Recoveries credited to allowance	80		289		1,893		—		2,262
Loans charged against the allowance	(78)		(133)		(3,661)		—		(3,872)
Balance at end of period	$	29,012	$	20,914	$	2,639	$	10,880	$	63,445

2024
Balance at beginning of period	$	16,724	$	21,386	$	4,126	$	12,422	$	54,658
Additions (deductions)
Provision for credit losses	5,903		922		65		(1,272)		5,618
Recoveries credited to allowance	249		309		2,153		—		2,711
Loans charged against the allowance	(4)		(300)		(3,304)		—		(3,608)
Balance at end of period	$	22,872	$	22,317	$	3,040	$	11,150	$	59,379

2023
Balance at beginning of period	$	13,817	$	21,633	$	4,290	$	12,695	$	52,435
Additions (deductions)
Provision for credit losses	3,430		(445)		509		(273)		3,221
Recoveries credited to allowance	531		352		1,915		—		2,798
Loans charged against the allowance	(1,054)		(154)		(2,588)		—		(3,796)
Balance at end of period	$	16,724	$	21,386	$	4,126	$	12,422	$	54,658

The allocation of the ACL by portfolio segment at December 31 follows:


	2025				2024
	Allowance for Credit Losses Amount		Percent of Loans to Total Portfolio Loans		Allowance for Credit Losses Amount		Percent of Loans to Total Portfolio Loans
	(Dollars in thousands)
Commercial	$	29,012	51.8	%	$	22,872	48.0	%
Mortgage	20,914		35.7		22,317		37.5
Installment	2,639		12.6		3,040		14.5
Subjective allocation	10,880		—		11,150		—
Total	$	63,445	100.0	%	$	59,379	100.0	%

Loans on non-accrual status and past due more than 90 days (‘‘Non-performing Loans’’) at December 31 follow:



	Non-Accrual with no Allowance for Credit Loss		Non-Accrual with an Allowance for Credit Loss		Total Non- Accrual		90+ and Still Accruing		Total Non- Performing Loans
	(In thousands)
2025
Commercial
Commercial and industrial	$	—	$	—	$	—	$	—	$	—
Commercial real estate (1)	9,261		7,252		16,513		—		16,513
Mortgage
1-4 family owner occupied - jumbo	2,145		—		2,145		—		2,145
1-4 family owner occupied - non-jumbo (2)	1,700		670		2,370		—		2,370
1-4 family non-owner occupied	—		94		94		—		94
1-4 family - 2nd lien	200		888		1,088		—		1,088
Resort lending	—		57		57		—		57
Installment
Boat lending	—		308		308		—		308
Recreational vehicle lending	—		354		354		—		354
Other	—		198		198		—		198
Total	$	13,306	$	9,821	$	23,127	$	—	$	23,127

Accrued interest excluded from total	$	—	$	—	$	—	$	—	$	—

2024
Commercial
Commercial and industrial (1)	$	—	$	49	$	49	$	—	$	49
Commercial real estate	—		—		—		—		—
Mortgage
1-4 family owner occupied - jumbo	1,480		—		1,480		—		1,480
1-4 family owner occupied - non-jumbo (2)	1,929		496		2,425		—		2,425
1-4 family non-owner occupied	—		157		157		—		157
1-4 family - 2nd lien	246		769		1,015		—		1,015
Resort lending	—		143		143		—		143
Installment
Boat lending	—		209		209		—		209
Recreational vehicle lending	—		377		377		—		377
Other	—		147		147		—		147
Total	$	3,655	$	2,347	$	6,002	$	—	$	6,002

Accrued interest excluded from total	$	—	$	—	$	—	$	—	$	—


(1)			Non-performing commercial real estate loans exclude $7.018 million of government guaranteed loans at December 31, 2025 and non-performing commercial and industrial loans exclude $0.005 million of government guaranteed loans at December 31, 2024.


(2)			Non-performing 1-4 family owner occupied – non jumbo loans exclude $2.929 million and $1.785 million of government guaranteed loans at December 31, 2025 and 2024, respectively.

If non-performing loans had continued to accrue interest in accordance with their original terms, approximately $0.8 million, $0.3 million and $0.3 million of interest income would have been recognized in each of the years ended 2025,

2024 and 2023, respectively. Interest income recorded on these loans was approximately zero during each of the years ended 2025, 2024 and 2023.

The following table provides collateral information by class of loan for collateral-dependent loans. A loan is considered to be collateral dependent when the borrower is experiencing financial difficulty and the repayment is expected to be provided substantially through the operation or sale of collateral.

The amortized cost of collateral-dependent loans by class at December 31, follows:


	Collateral Type				Allowance for Credit Losses
	Real Estate		Other (1)
	(In thousands)
2025
Commercial
Commercial and industrial	$	680	$	8,841	$	1,631
Commercial real estate	28,047		—		4,541
Mortgage
1-4 family owner occupied - jumbo	2,147		—		—
1-4 family owner occupied - non-jumbo	2,371		—		239
1-4 family non-owner occupied	22		—		8
1-4 family - 2nd lien	569		—		131
Resort lending	57		—		20
Installment
Boat lending	—		233		83
Recreational vehicle lending	—		237		84
Other	—		109		39
Total	$	33,893	$	9,420	$	6,776

Accrued interest excluded from total	$	73	$	54

2024
Commercial
Commercial and industrial	$	686	$	5,166	$	1,647
Commercial real estate	817		—		3
Mortgage
1-4 family owner occupied - jumbo	1,480		—		—
1-4 family owner occupied - non-jumbo	2,903		—		347
1-4 family non-owner occupied	—		—		—
1-4 family - 2nd lien	510		—		94
Resort lending	143		—		51
Installment
Boat lending	—		87		31
Recreational vehicle lending	—		266		94
Other	—		92		33
Total	$	6,539	$	5,611	$	2,300

Accrued interest excluded from total	$	5	$	34

(1) Commercial and industrial loan collateral generally includes machinery and equipment, accounts receivable, and inventory.

An aging analysis of loans by class at December 31 follows:


	Loans Past Due								Loans not Past Due		Total Loans
	30-59 days		60-89 days		90+ days		Total
	(In thousands)
2025
Commercial
Commercial and industrial	$	—	$	—	$	—	$	—	$	1,158,841	$	1,158,841
Commercial real estate	—		22,988		3,900		26,888		1,027,828		1,054,716
Mortgage
1-4 family owner occupied - jumbo	716		660		2,164		3,540		875,221		878,761
1-4 family owner occupied - non-jumbo	1,381		757		1,301		3,439		286,123		289,562
1-4 family non-owner occupied	119		29		22		170		172,123		172,293
1-4 family - 2nd lien	270		235		460		965		156,632		157,597
Resort lending	—		—		57		57		26,551		26,608
Installment
Boat lending	287		200		242		729		271,783		272,512
Recreational vehicle lending	550		205		230		985		190,872		191,857
Other	475		74		58		607		72,931		73,538
Total	$	3,798	$	25,148	$	8,434	$	37,380	$	4,238,905	$	4,276,285
Accrued interest excluded from total	$	37	$	78	$	—	$	115	$	13,837	$	13,952

2024
Commercial
Commercial and industrial	$	78	$	—	$	54	$	132	$	1,001,197	$	1,001,329
Commercial real estate	—		—		—		—		936,035		936,035
Mortgage
1-4 family owner occupied - jumbo	755		664		1,480		2,899		872,652		875,551
1-4 family owner occupied - non-jumbo	3,395		1,653		1,201		6,249		292,893		299,142
1-4 family non-owner occupied	329		—		—		329		176,621		176,950
1-4 family - 2nd lien	648		66		345		1,059		132,888		133,947
Resort lending	—		—		143		143		30,993		31,136
Installment
Boat lending	281		99		87		467		263,874		264,341
Recreational vehicle lending	622		395		190		1,207		223,330		224,537
Other	231		158		25		414		95,443		95,857
Total	$	6,339	$	3,035	$	3,525	$	12,899	$	4,025,926	$	4,038,825
Accrued interest excluded from total	$	65	$	44	$	—	$	109	$	13,352	$	13,461

For the year ended December 31, 2025 there were two mortgage - 1-4 family owner occupied - non-jumbo loans modified to borrowers experiencing financial difficulty totaling $0.10 million (0.1% of the total loan class). Both of the

modifications during the year ended December 31, 2025 involved term extensions and added a weighted average 12.0 years to the life of the loans.

One of the mortgage - 1-4 family owner occupied - non-jumbo loans modified during the year ended December 31, 2025 also received a 4.750% interest rate reduction.

Of the loans modified during the year ended December 31, 2025, one is on non-accrual status totaling $0.07 million.

For the year ended December 31, 2024 there were five mortgage - 1-4 family owner occupied - non-jumbo loans and one mortgage 1-4 family - 2nd lien loan modified to borrowers experiencing financial difficulty totaling $0.51 million (0.1% of the total loan class) and $0.07 million (0.1% of the total loan class), respectively. All of the loan modifications during the year ended December 31, 2024 involved term extensions and added a weighted average 7.1 years to the life of the loans.

One of the mortgage - 1-4 family owner occupied - non-jumbo loans modified during the year ended December 31, 2024 also received a 3.625% interest rate reduction.

Of the loans modified during the year ended December 31, 2024, none are on non-accrual or subsequently defaulted.

A loan is generally considered to be in payment default once it is 90 days contractually past due under the modified terms for commercial loans and installment loans and when four consecutive payments are missed for mortgage loans.

In order to determine whether a borrower is experiencing financial difficulty, we perform an evaluation of the probability that the borrower will be in payment default on any of its debt in the foreseeable future without the modification. This evaluation is performed under our internal underwriting policy.

Credit Quality Indicators – As part of our on-going monitoring of the credit quality of our loan portfolios, we track certain credit quality indicators including (a) risk grade of commercial loans, (b) the level of classified commercial loans, (c) credit scores of mortgage and installment loan borrowers, and (d) delinquency history and non-performing loans.

For commercial loans, we use a loan rating system that is similar to those employed by state and federal banking regulators. Loans are graded on a scale of 1 to 12. A description of the general characteristics of the ratings follows:

Rating 1 through 6: These loans are generally referred to as our ‘‘non-watch’’ commercial credits that include very high or exceptional credit fundamentals through acceptable credit fundamentals.

Rating 7 and 8: These loans are generally referred to as our ‘‘watch’’ commercial credits. These ratings include loans to borrowers that exhibit potential credit weakness or downward trends. If not checked or cured these trends could weaken our asset or credit position. While potentially weak, no loss of principal or interest is envisioned with these ratings.

Rating 9: These loans are generally referred to as our ‘‘substandard accruing’’ commercial credits. This rating includes loans to borrowers that exhibit a well-defined weakness where payment default is probable and loss is possible if deficiencies are not corrected. Generally, loans with this rating are considered collectible as to both principal and interest primarily due to collateral coverage.

Rating 10 and 11: These loans are generally referred to as our ‘‘substandard - non-accrual’’ and ‘‘doubtful’’ commercial credits. These ratings include loans to borrowers with weaknesses that make collection of the loan in full, on the basis of current facts, conditions and values at best questionable and at worst improbable. All of these loans are placed in non-accrual.

Rating 12: These loans are generally referred to as our ‘‘loss’’ commercial credits. This rating includes loans to borrowers that are deemed incapable of repayment and are charged-off.

The following tables summarize loan ratings by loan class for our commercial loan portfolio segment at December 31:


	Commercial
	Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Total
	2025		2024		2023		2022		2021		Prior
	(In thousands)
December 31, 2025
Commercial and industrial
Non-watch (1-6)	$	199,338	$	188,309	$	131,090	$	115,518	$	45,116	$	140,699	$	300,540	$	1,120,610
Watch (7-8)	501		1,911		4,330		2,705		2,052		8,360		8,848		28,707
Substandard Accrual (9)	940		1,710		—		—		820		275		5,779		9,524
Non-Accrual (10-11)	—		—		—		—		—		—		—		—
Total	$	200,779	$	191,930	$	135,420	$	118,223	$	47,988	$	149,334	$	315,167	$	1,158,841
Accrued interest excluded from total	$	564	$	570	$	477	$	288	$	95	$	418	$	1,139	$	3,551
Current period gross charge-offs	$	—	$	—	$	78	$	—	$	—	$	—	$	—	$	78

Commercial real estate
Non-watch (1-6)	$	204,584	$	162,957	$	167,203	$	159,948	$	66,116	$	184,907	$	56,611	$	1,002,326
Watch (7-8)	—		823		4,162		13,887		—		4,840		625		24,337
Substandard Accrual (9)	3,348		—		396		—		126		652		—		4,522
Non-Accrual (10-11)	4,878		490		18,163		—		—		—		—		23,531
Total	$	212,810	$	164,270	$	189,924	$	173,835	$	66,242	$	190,399	$	57,236	$	1,054,716
Accrued interest excluded from total	$	695	$	555	$	494	$	624	$	141	$	703	$	138	$	3,350
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Total Commercial
Non-watch (1-6)	$	403,922	$	351,266	$	298,293	$	275,466	$	111,232	$	325,606	$	357,151	$	2,122,936
Watch (7-8)	501		2,734		8,492		16,592		2,052		13,200		9,473		53,044
Substandard Accrual (9)	4,288		1,710		396		—		946		927		5,779		14,046
Non-Accrual (10-11)	4,878		490		18,163		—		—		—		—		23,531
Total	$	413,589	$	356,200	$	325,344	$	292,058	$	114,230	$	339,733	$	372,403	$	2,213,557
Accrued interest excluded from total	$	1,259	$	1,125	$	971	$	912	$	236	$	1,121	$	1,277	$	6,901
Current period gross charge-offs	$	—	$	—	$	78	$	—	$	—	$	—	$	—	$	78


	Commercial
	Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Total
	2024		2023		2022		2021		2020		Prior
	(In thousands)
December 31, 2024
Commercial and industrial
Non-watch (1-6)	$	183,261	$	137,270	$	142,630	$	71,225	$	72,928	$	106,086	$	242,573	$	955,973
Watch (7-8)	10,348		3,055		1,251		9,002		5,636		336		2,104		31,732
Substandard Accrual (9)	2,693		2,052		1,642		2,208		267		195		4,513		13,570
Non-Accrual (10-11)	—		—		—		47		—		7		—		54
Total	$	196,302	$	142,377	$	145,523	$	82,482	$	78,831	$	106,624	$	249,190	$	1,001,329
Accrued interest excluded from total	$	612	$	478	$	361	$	217	$	342	$	341	$	959	$	3,310
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	4	$	—	$	4

Commercial real estate
Non-watch (1-6)	$	142,154	$	236,390	$	153,321	$	75,053	$	49,969	$	166,966	$	72,879	$	896,732
Watch (7-8)	—		—		16,007		—		—		4,400		18,079		38,486
Substandard Accrual (9)	—		—		—		135		—		682		—		817
Non-Accrual (10-11)	—		—		—		—		—		—		—		—
Total	$	142,154	$	236,390	$	169,328	$	75,188	$	49,969	$	172,048	$	90,958	$	936,035
Accrued interest excluded from total	$	608	$	632	$	628	$	166	$	131	$	658	$	363	$	3,186
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Total Commercial
Non-watch (1-6)	$	325,415	$	373,660	$	295,951	$	146,278	$	122,897	$	273,052	$	315,452	$	1,852,705
Watch (7-8)	10,348		3,055		17,258		9,002		5,636		4,736		20,183		70,218
Substandard Accrual (9)	2,693		2,052		1,642		2,343		267		877		4,513		14,387
Non-Accrual (10-11)	—		—		—		47		—		7		—		54
Total	$	338,456	$	378,767	$	314,851	$	157,670	$	128,800	$	278,672	$	340,148	$	1,937,364
Accrued interest excluded from total	$	1,220	$	1,110	$	989	$	383	$	473	$	999	$	1,322	$	6,496
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	4	$	—	$	4


	Mortgage (1)
	Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Total
	2025		2024		2023		2022		2021		Prior
	(In thousands)
December 31, 2025
1-4 family owner occupied - jumbo
800 and above	$	10,135	$	3,881	$	13,290	$	40,752	$	55,563	$	35,693	$	1,668	$	160,982
750-799	51,765		33,022		25,431		89,810		168,312		75,497		1,906		445,743
700-749	16,958		11,934		11,935		32,634		68,111		30,819		518		172,909
650-699	7,923		5,188		7,533		17,251		13,827		15,953		1,500		69,175
600-649	1,267		867		1,568		1,170		4,031		3,370		—		12,273
550-599	—		—		—		5,161		1,644		3,040		—		9,845
500-549	—		—		1,273		3,936		720		1,905		—		7,834
Under 500	—		—		—		—		—		—		—		—
Unknown	—		—		—		—		—		—		—		—
Total	$	88,048	$	54,892	$	61,030	$	190,714	$	312,208	$	166,277	$	5,592	$	878,761
Accrued interest excluded from total	$	388	$	263	$	302	$	552	$	695	$	432	$	43	$	2,675
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

1-4 family owner occupied - non-jumbo
800 and above	$	5,270	$	2,088	$	4,148	$	13,160	$	9,606	$	14,616	$	4,613	$	53,501
750-799	8,911		6,532		9,828		26,722		21,376		30,100		13,508		116,977
700-749	2,593		4,978		3,803		8,981		8,552		23,235		5,702		57,844
650-699	2,343		788		1,960		5,046		4,154		12,947		1,586		28,824
600-649	366		301		214		2,610		1,153		9,218		168		14,030
550-599	—		—		382		1,570		721		6,547		41		9,261
500-549	—		—		—		291		779		5,303		60		6,433
Under 500	—		85		—		602		242		1,763		—		2,692
Unknown	—		—		—		—		—		—		—		—
Total	$	19,483	$	14,772	$	20,335	$	58,982	$	46,583	$	103,729	$	25,678	$	289,562
Accrued interest excluded from total	$	123	$	94	$	89	$	180	$	109	$	377	$	181	$	1,153
Current period gross charge-offs	$	—	$	—	$	—	$	19	$	6	$	5	$	—	$	30

1-4 family non-owner occupied
800 and above	$	3,958	$	2,399	$	3,229	$	3,693	$	10,379	$	10,302	$	943	$	34,903
750-799	13,466		10,671		9,247		13,152		26,912		19,293		1,452		94,193
700-749	4,343		2,349		1,174		2,551		3,439		8,540		1,618		24,014
650-699	1,046		1,263		487		2,747		3,427		6,127		402		15,499
600-649	—		708		—		77		—		1,470		—		2,255
550-599	—		—		—		367		—		717		—		1,084
500-549	—		—		—		—		50		253		—		303
Under 500	—		—		—		—		—		42		—		42
Unknown	—		—		—		—		—		—		—		—
Total	$	22,813	$	17,390	$	14,137	$	22,587	$	44,207	$	46,744	$	4,415	$	172,293
Accrued interest excluded from total	$	96	$	89	$	70	$	86	$	115	$	168	$	30	$	654
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	11	$	—	$	11

1-4 family - 2nd lien
800 and above	$	1,256	$	367	$	351	$	461	$	789	$	1,454	$	16,797	$	21,475
750-799	3,122		2,528		2,142		1,830		2,006		3,651		56,532		71,811
700-749	2,759		1,225		1,310		1,505		1,502		2,454		29,585		40,340
650-699	805		367		339		454		285		1,517		11,914		15,681
600-649	—		141		124		107		250		525		2,157		3,304
550-599	—		41		225		72		53		650		1,770		2,811
500-549	—		16		423		108		200		537		417		1,701
Under 500	—		—		154		111		—		209		—		474
Unknown	—		—		—		—		—		—		—		—
Total	$	7,942	$	4,685	$	5,068	$	4,648	$	5,085	$	10,997	$	119,172	$	157,597
Accrued interest excluded from total	$	23	$	18	$	22	$	19	$	13	$	37	$	767	$	899
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	6	$	—	$	6


	Mortgage - continued (1)
	Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Total
	2025		2024		2023		2022		2021		Prior
	(In thousands)
December 31, 2025
Resort lending
800 and above	$	—	$	—	$	—	$	—	$	524	$	4,127	$	—	$	4,651
750-799	121		—		22		366		156		10,704		—		11,369
700-749	—		—		—		—		484		3,644		—		4,128
650-699	—		—		—		—		—		5,148		—		5,148
600-649	—		—		—		—		—		955		—		955
550-599	—		—		—		—		—		—		—		—
500-549	—		—		—		—		—		357		—		357
Under 500	—		—		—		—		—		—		—		—
Unknown	—		—		—		—		—		—		—		—
Total	$	121	$	—	$	22	$	366	$	1,164	$	24,935	$	—	$	26,608
Accrued interest excluded from total	$	1	$	—	$	—	$	1	$	3	$	117	$	—	$	122
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	86	$	—	$	86

Total Mortgage
800 and above	$	20,619	$	8,735	$	21,018	$	58,066	$	76,861	$	66,192	$	24,021	$	275,512
750-799	77,385		52,753		46,670		131,880		218,762		139,245		73,398		740,093
700-749	26,653		20,486		18,222		45,671		82,088		68,692		37,423		299,235
650-699	12,117		7,606		10,319		25,498		21,693		41,692		15,402		134,327
600-649	1,633		2,017		1,906		3,964		5,434		15,538		2,325		32,817
550-599	—		41		607		7,170		2,418		10,954		1,811		23,001
500-549	—		16		1,696		4,335		1,749		8,355		477		16,628
Under 500	—		85		154		713		242		2,014		—		3,208
Unknown	—		—		—		—		—		—		—		—
Total	$	138,407	$	91,739	$	100,592	$	277,297	$	409,247	$	352,682	$	154,857	$	1,524,821
Accrued interest excluded from total	$	631	$	464	$	483	$	838	$	935	$	1,131	$	1,021	$	5,503
Current period gross charge-offs	$	—	$	—	$	—	$	19	$	6	$	108	$	—	$	133


	Mortgage (1)
	Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Total
	2024		2023		2022		2021		2020		Prior
	(In thousands)
December 31, 2024
1-4 family owner occupied - jumbo
800 and above	$	5,009	$	12,192	$	37,147	$	51,242	$	22,126	$	14,291	$	—	$	142,007
750-799	33,118		43,013		106,378		194,725		58,703		35,103		1,275		472,315
700-749	13,981		13,602		40,219		68,687		17,552		11,669		450		166,160
650-699	4,537		10,286		19,366		15,736		6,937		6,555		1,500		64,917
600-649	—		2,265		9,528		1,636		2,288		4,619		—		20,336
550-599	746		—		2,414		1,086		2,803		—		—		7,049
500-549	—		—		—		—		900		664		—		1,564
Under 500	—		485		—		—		—		718		—		1,203
Unknown	—		—		—		—		—		—		—		—
Total	$	57,391	$	81,843	$	215,052	$	333,112	$	111,309	$	73,619	$	3,225	$	875,551
Accrued interest excluded from total	$	264	$	377	$	634	$	712	$	264	$	238	$	31	$	2,520
Current period gross charge-offs	$	—	$	—	$	22	$	—	$	—	$	—	$	—	$	22

1-4 family owner occupied - non-jumbo
800 and above	$	1,919	$	2,113	$	14,018	$	8,928	$	3,089	$	9,138	$	4,066	$	43,271
750-799	12,472		10,604		26,405		21,548		14,028		23,586		10,429		119,072
700-749	7,927		7,110		12,810		9,598		5,492		21,692		4,231		68,860
650-699	8,258		2,758		5,586		4,885		2,262		12,820		1,848		38,417
600-649	682		126		1,001		762		2,459		6,757		180		11,967
550-599	—		213		365		794		996		3,438		40		5,846
500-549	87		—		1,523		948		278		5,780		—		8,616
Under 500	—		—		—		98		652		2,343		—		3,093
Unknown	—		—		—		—		—		—		—		—
Total	$	31,345	$	22,924	$	61,708	$	47,561	$	29,256	$	85,554	$	20,794	$	299,142
Accrued interest excluded from total	$	105	$	139	$	195	$	113	$	77	$	368	$	163	$	1,160
Current period gross charge-offs	$	—	$	—	$	—	$	23	$	—	$	22	$	—	$	45

1-4 family non-owner occupied
800 and above	$	4,122	$	1,557	$	7,468	$	12,757	$	4,204	$	6,975	$	897	$	37,980
750-799	11,433		12,831		15,929		25,543		9,920		16,439		2,539		94,634
700-749	3,372		3,218		6,289		6,401		1,308		6,131		2,072		28,791
650-699	1,016		431		297		4,115		2,552		3,560		332		12,303
600-649	—		—		—		—		410		930		108		1,448
550-599	—		38		—		—		—		919		—		957
500-549	—		—		369		51		—		221		—		641
Under 500	—		—		—		—		—		196		—		196
Unknown	—		—		—		—		—		—		—		—
Total	$	19,943	$	18,075	$	30,352	$	48,867	$	18,394	$	35,371	$	5,948	$	176,950
Accrued interest excluded from total	$	84	$	85	$	119	$	134	$	48	$	166	$	44	$	680
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	158	$	—	$	158

1-4 family - 2nd lien
800 and above	$	751	$	249	$	219	$	185	$	1,161	$	859	$	12,245	$	15,669
750-799	3,209		2,717		2,290		3,065		1,604		3,825		44,896		61,606
700-749	1,358		942		1,898		1,239		932		2,123		26,687		35,179
650-699	268		450		655		313		251		1,385		10,979		14,301
600-649	—		39		204		197		328		769		2,084		3,621
550-599	—		297		37		51		—		357		512		1,254
500-549	—		59		101		95		—		768		919		1,942
Under 500	—		—		20		—		—		350		5		375
Unknown	—		—		—		—		—		—		—		—
Total	$	5,586	$	4,753	$	5,424	$	5,145	$	4,276	$	10,436	$	98,327	$	133,947
Accrued interest excluded from total	$	19	$	23	$	18	$	11	$	13	$	42	$	720	$	846
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	3	$	22	$	25


	Mortgage - continued (1)
	Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Total
	2024		2023		2022		2021		2020		Prior
	(In thousands)
December 31, 2024
Resort lending
800 and above	$	—	$	—	$	—	$	534	$	—	$	4,079	$	—	$	4,613
750-799	—		39		639		740		724		12,845		—		14,987
700-749	—		—		268		—		212		4,851		—		5,331
650-699	—		—		—		—		354		4,622		—		4,976
600-649	—		—		—		—		—		1,051		—		1,051
550-599	—		—		—		—		—		92		—		92
500-549	—		—		—		—		—		86		—		86
Under 500	—		—		—		—		—		—		—		—
Unknown	—		—		—		—		—		—		—		—
Total	$	—	$	39	$	907	$	1,274	$	1,290	$	27,626	$	—	$	31,136
Accrued interest excluded from total	$	—	$	—	$	4	$	3	$	4	$	140	$	—	$	151
Current period gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	50	$	—	$	50

Total Mortgage
800 and above	$	11,801	$	16,111	$	58,852	$	73,646	$	30,580	$	35,342	$	17,208	$	243,540
750-799	60,232		69,204		151,641		245,621		84,979		91,798		59,139		762,614
700-749	26,638		24,872		61,484		85,925		25,496		46,466		33,440		304,321
650-699	14,079		13,925		25,904		25,049		12,356		28,942		14,659		134,914
600-649	682		2,430		10,733		2,595		5,485		14,126		2,372		38,423
550-599	746		548		2,816		1,931		3,799		4,806		552		15,198
500-549	87		59		1,993		1,094		1,178		7,519		919		12,849
Under 500	—		485		20		98		652		3,607		5		4,867
Unknown	—		—		—		—		—		—		—		—
Total	$	114,265	$	127,634	$	313,443	$	435,959	$	164,525	$	232,606	$	128,294	$	1,516,726
Accrued interest excluded from total	$	472	$	624	$	970	$	973	$	406	$	954	$	958	$	5,357
Current period gross charge-offs	$	—	$	—	$	22	$	23	$	—	$	233	$	22	$	300


(1)			Credit scores have been updated within the last twelve months.


	Installment (1)
	Term Loans Amortized Cost Basis by Origination Year
	2025		2024		2023		2022		2021		Prior		Total
	(In thousands)
December 31, 2025
Boat lending
800 and above	$	7,160	$	4,306	$	5,878	$	7,190	$	8,111	$	11,036	$	43,681
750-799	32,694		21,095		23,561		23,385		19,814		27,759		148,308
700-749	11,208		10,315		8,793		9,887		7,279		10,511		57,993
650-699	2,418		2,569		2,482		2,312		2,609		3,743		16,133
600-649	907		366		598		808		622		798		4,099
550-599	33		188		118		275		383		552		1,549
500-549	—		137		87		97		183		169		673
Under 500	—		35		35		—		—		6		76
Unknown	—		—		—		—		—		—		—
Total	$	54,420	$	39,011	$	41,552	$	43,954	$	39,001	$	54,574	$	272,512
Accrued interest excluded from total	$	185	$	151	$	149	$	96	$	85	$	112	$	778
Current period gross charge-offs	$	14	$	42	$	6	$	336	$	28	$	188	$	614

Recreational vehicle lending
800 and above	$	771	$	1,690	$	2,923	$	8,205	$	8,940	$	7,788	$	30,317
750-799	3,706		7,485		10,133		30,410		27,020		17,972		96,726
700-749	1,498		3,830		3,849		11,937		12,930		7,192		41,236
650-699	287		987		1,862		3,865		4,747		2,234		13,982
600-649	26		276		576		1,143		1,858		833		4,712
550-599	—		129		222		622		968		614		2,555
500-549	—		55		54		469		663		292		1,533
Under 500	—		75		121		292		251		57		796
Unknown	—		—		—		—		—		—		—
Total	$	6,288	$	14,527	$	19,740	$	56,943	$	57,377	$	36,982	$	191,857
Accrued interest excluded from total	$	26	$	54	$	71	$	138	$	125	$	82	$	496
Current period gross charge-offs	$	—	$	47	$	140	$	273	$	474	$	176	$	1,110

Other
800 and above	$	1,460	$	900	$	1,168	$	1,408	$	641	$	933	$	6,510
750-799	9,471		6,202		5,214		4,275		2,546		4,423		32,131
700-749	6,281		4,067		2,872		2,569		1,990		3,251		21,030
650-699	3,470		1,473		989		851		545		1,305		8,633
600-649	184		483		405		470		276		460		2,278
550-599	23		200		267		250		93		192		1,025
500-549	7		195		128		179		124		224		857
Under 500	—		48		14		91		35		32		220
Unknown	854		—		—		—		—		—		854
Total	$	21,750	$	13,568	$	11,057	$	10,093	$	6,250	$	10,820	$	73,538
Accrued interest excluded from total	$	72	$	57	$	43	$	26	$	16	$	60	$	274
Current period gross charge-offs	$	1,620	$	71	$	38	$	73	$	59	$	76	$	1,937

Total installment
800 and above	$	9,391	$	6,896	$	9,969	$	16,803	$	17,692	$	19,757	$	80,508
750-799	45,871		34,782		38,908		58,070		49,380		50,154		277,165
700-749	18,987		18,212		15,514		24,393		22,199		20,954		120,259
650-699	6,175		5,029		5,333		7,028		7,901		7,282		38,748
600-649	1,117		1,125		1,579		2,421		2,756		2,091		11,089
550-599	56		517		607		1,147		1,444		1,358		5,129
500-549	7		387		269		745		970		685		3,063
Under 500	—		158		170		383		286		95		1,092
Unknown	854		—		—		—		—		—		854
Total	$	82,458	$	67,106	$	72,349	$	110,990	$	102,628	$	102,376	$	537,907
Accrued interest excluded from total	$	283	$	262	$	263	$	260	$	226	$	254	$	1,548
Current period gross charge-offs	$	1,634	$	160	$	184	$	682	$	561	$	440	$	3,661


	Installment (1)
	Term Loans Amortized Cost Basis by Origination Year
	2024		2023		2022		2021		2020		Prior		Total
	(In thousands)
December 31, 2024
Boat lending
800 and above	$	6,125	$	6,702	$	8,231	$	7,492	$	3,512	$	9,079	$	41,141
750-799	26,320		29,173		28,608		24,858		11,604		26,792		147,355
700-749	11,397		9,487		11,342		9,807		4,177		9,137		55,347
650-699	2,722		2,888		2,516		2,419		1,191		3,111		14,847
600-649	504		438		1,104		364		148		775		3,333
550-599	—		215		464		394		76		301		1,450
500-549	27		—		135		199		140		238		739
Under 500	—		35		14		—		—		80		129
Unknown	—		—		—		—		—		—		—
Total	$	47,095	$	48,938	$	52,414	$	45,533	$	20,848	$	49,513	$	264,341
Accrued interest excluded from total	$	179	$	178	$	124	$	104	$	50	$	101	$	736
Current period gross charge-offs	$	8	$	8	$	71	$	8	$	49	$	55	$	199

Recreational vehicle lending
800 and above	$	1,365	$	4,270	$	11,721	$	9,776	$	3,382	$	7,262	$	37,776
750-799	10,528		11,173		33,140		32,266		9,398		14,656		111,161
700-749	5,402		5,230		14,093		15,336		4,177		5,500		49,738
650-699	965		1,949		4,278		5,357		1,249		1,836		15,634
600-649	268		697		1,213		2,364		407		502		5,451
550-599	41		183		443		1,075		135		415		2,292
500-549	50		172		638		745		161		207		1,973
Under 500	—		67		156		207		19		63		512
Unknown	—		—		—		—		—		—		—
Total	$	18,619	$	23,741	$	65,682	$	67,126	$	18,928	$	30,441	$	224,537
Accrued interest excluded from total	$	69	$	89	$	156	$	154	$	41	$	67	$	576
Current period gross charge-offs	$	—	$	42	$	321	$	419	$	42	$	110	$	934

Other
800 and above	$	1,342	$	1,323	$	1,788	$	938	$	639	$	831	$	6,861
750-799	9,938		8,029		7,208		4,732		2,013		4,375		36,295
700-749	14,512		4,941		4,232		2,829		1,292		3,278		31,084
650-699	10,551		1,633		1,689		979		430		1,293		16,575
600-649	537		476		522		294		59		418		2,306
550-599	80		211		271		210		21		210		1,003
500-549	—		149		301		229		92		93		864
Under 500	11		17		58		49		3		50		188
Unknown	681		—		—		—		—		—		681
Total	$	37,652	$	16,779	$	16,069	$	10,260	$	4,549	$	10,548	$	95,857
Accrued interest excluded from total	$	96	$	65	$	40	$	22	$	10	$	63	$	296
Current period gross charge-offs	$	1,829	$	98	$	106	$	27	$	8	$	103	$	2,171

Total installment
800 and above	$	8,832	$	12,295	$	21,740	$	18,206	$	7,533	$	17,172	$	85,778
750-799	46,786		48,375		68,956		61,856		23,015		45,823		294,811
700-749	31,311		19,658		29,667		27,972		9,646		17,915		136,169
650-699	14,238		6,470		8,483		8,755		2,870		6,240		47,056
600-649	1,309		1,611		2,839		3,022		614		1,695		11,090
550-599	121		609		1,178		1,679		232		926		4,745
500-549	77		321		1,074		1,173		393		538		3,576
Under 500	11		119		228		256		22		193		829
Unknown	681		—		—		—		—		—		681
Total	$	103,366	$	89,458	$	134,165	$	122,919	$	44,325	$	90,502	$	584,735
Accrued interest excluded from total	$	344	$	332	$	320	$	280	$	101	$	231	$	1,608
Current period gross charge-offs	$	1,837	$	148	$	498	$	454	$	99	$	268	$	3,304


(1)			Credit scores have been updated within the last twelve months.

Mortgage loans serviced for others are not reported as assets on the Consolidated Statements of Financial Condition. The principal balances of these loans at December 31 follow:


	2025		2024
	(In thousands)
Mortgage loans serviced for:
Fannie Mae	$	1,134,213	$	1,674,111
Freddie Mac	927,467		1,373,145
Ginnie Mae	130,302		146,363
FHLB	375,822		302,779
Other	43,485		47,347
Total	$	2,611,289	$	3,543,745

Custodial deposit accounts maintained in connection with mortgage loans serviced for others totaled $26.2 million and $29.4 million, at December 31, 2025 and 2024, respectively.

If we do not remain well capitalized for regulatory purposes (see note #20), meet certain minimum capital levels or certain profitability requirements or if we incur a rapid decline in net worth, we could lose our ability to sell and/or service loans to these investors. This could impact our ability to generate net gains on mortgage loans and generate servicing income. A forced liquidation of our servicing portfolio could also impact the value that could be recovered on this asset. Fannie Mae has the most stringent eligibility requirements covering capital levels, profitability and decline in net worth. Fannie Mae requires seller/servicers to be well capitalized for regulatory purposes. For the profitability requirement, we cannot record four or more consecutive quarterly losses and experience a 30% decline in net worth over the same period. Our net worth cannot decline by more than 25% in one quarter or more than 40% over two consecutive quarters.

An analysis of capitalized mortgage loan servicing rights for the years ended December 31 follows:


	2025		2024		2023
	(In thousands)
Balance at beginning of period	$	46,796	$	42,243	$	42,489
Originated servicing rights capitalized	3,494		4,020		3,956
Change in fair value due to price	(2,168)		4,540		(280)
Change in fair value due to pay downs	(3,573)		(4,007)		(3,922)
Sales of originated servicing rights (1)	(12,823)		—		—
Loss on sale of originated servicing rights (1)	(233)		—		—
Balance at end of year	$	31,493	$	46,796	$	42,243
Loans sold and serviced that have had servicing rights capitalized	$	2,611,289	$	3,543,745	$	3,541,869

Fair value of capitalized mortgage loan servicing rights was determined using an average coupon rate of 4.52%, average servicing fee of 0.26%, average discount rate of 9.94% and an average Public Securities Association (‘‘PSA’’) prepayment rate of 160 for December 31, 2025; and average coupon rate of 4.13%, average servicing fee of 0.26%, average discount rate of 10.37% and an average PSA prepayment rate of 125 for December 31, 2024.

SHARE BASED COMPENSATION AND BENEFIT PLANS - Narrative (Details) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Share Based Compensation [Abstract]
Number of additional shares approved for grant (in shares)	300
Shares issued on deferral basis, credited percentage of current value	90.00%
Share-based payment arrangement, nonvested award, cost not yet recognized, amount	$ 2,800
Share-based payment arrangement, nonvested award, cost not yet recognized, period for recognition	1 year 10 months 6 days
Defined contribution plan, employer matching contribution, percent of match	50.00%	50.00%	50.00%
Defined contribution plan, employer matching contribution, percent of employees' gross pay	8.00%	8.00%	8.00%
Maximum matching contribution, percent	6.00%	6.00%	6.00%
Employee stock ownership plan contributions	2.00%	2.00%	2.00%
401(k) and employee stock ownership plans, amount expensed	$ 3,400	$ 3,300	$ 3,100
Performance-based compensation expense	11,600	12,900	8,000
Health care and life insurance expense	6,700	7,100	7,200
Long-Term Incentive Plan
Share Based Compensation [Abstract]
Total compensation expense recognized	2,500	2,100	1,900
Tax benefit relating to compensation expense recognized	$ 500	$ 400	$ 400
Restricted Stock \| Long-Term Incentive Plan
Share Based Compensation [Abstract]
Vesting period	3 years	3 years	3 years
Performance Shares \| Long-Term Incentive Plan
Share Based Compensation [Abstract]
Vesting period	3 years	3 years
Performance feature comparison period	3 years
Non-Employee Directors
Share Based Compensation [Abstract]
Number of additional shares approved for grant (in shares)	50
Total compensation expense recognized	$ 300	$ 200	$ 400
Tax benefit relating to compensation expense recognized	$ 60	$ 50	$ 80
Executive Officer \| Restricted Stock \| Long-Term Incentive Plan
Share Based Compensation [Abstract]
Number of restricted stock units issued to executive officers (in shares)	50	90	80
Executive Officer \| Performance Shares \| Long-Term Incentive Plan
Share Based Compensation [Abstract]
Number of restricted stock units issued to executive officers (in shares)	20	20	20
Director
Share Based Compensation [Abstract]
Shares issues as retainer fees (in shares)	10	10	20

OTHER REAL ESTATE - Summary of Other Real Estate Activity (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Other Real Estate [Roll Forward]
Balance at beginning of year, net of valuation allowance	$ 891	$ 569	$ 443
Loans transferred to other real estate	776	1,091	783
Sales of other real estate	(850)	(753)	(603)
Additions to valuation allowance charged to expense	(40)	(16)	(54)
Balance at end of year, net of valuation allowance	777	891	$ 569
Other repossessed assets	$ 120	$ 50

INCOME TAX

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

INCOME TAX

The composition of income tax expense for the years ended December 31 follows:


	2025		2024		2023
	(In thousands)
Current expense	$	16,281	$	17,504	$	14,394
Deferred expense (benefit)	(3,531)		(1,248)		215
Income tax expense	$	12,750	$	16,256	$	14,609

We are subject to U.S. federal income taxes and are not subject to state or foreign income taxes. A reconciliation of income tax expense to the amount computed by applying the statutory federal income tax rate of 21% for 2025, 2024 and 2023 to the income before income tax for the years ended December 31 follows:


	2025			2024			2023
	(In thousands)
U.S. statutory rate applied to income before income tax	$	17,071	21.0%	$	17,440	21.0%	$	15,472	21.0%
Tax credits
Purchased tax credits	(1,836)		(2.3)	—		—	—		—
Tax credit investments, net of amortization	(807)		(1.0)	(373)		(0.5)	(235)		(0.3)
Nontaxable and nondeductible items
Tax-exempt interest income	(1,155)		(1.4)	(522)		(0.6)	(508)		(0.7)
Bank owned life insurance	(249)		(0.3)	(175)		(0.2)	(99)		(0.1)

Non-deductible meals, entertainment and memberships	114		0.1	83		0.1	77		0.1
Share-based compensation	(323)		(0.4)	(130)		(0.2)	(50)		(0.1)
Employee stock ownership plan dividends	(116)		(0.1)	(108)		(0.1)	(106)		(0.2)
Other, net	51		0.1	41		0.1	58		0.1
Income tax expense	$	12,750	15.7%	$	16,256	19.6%	$	14,609	19.8%

In December, 2025, we executed a Tax Credit Transfer Agreement (TCTA) whereby we agreed to purchase $22.9 million of 2025 Section 48 tax credits at a purchase price of 92% of the tax credit amount. The purchase price of $21.1 million was paid by us to the seller, an independent third party on January 15, 2026. We plan to utilize the purchased tax credits of $22.9 million to offset amounts that otherwise would be due and payable to the IRS for 2025 and prior tax years. The accounting treatment at December 31, 2025 is an increase in income tax receivable from the Internal Revenue Service ("IRS") of $22.9 million (recorded in Accrued income and other assets in the Consolidated Statements of Financial Condition), a liability to the seller of $21.1 million (recorded in Accrued expenses and other liabilities in the Consolidated Statements of Financial Condition), and a reduction to income tax expense of $1.8 million in the Consolidated Statements of Operations for the year ending December 31, 2025. This $1.8 million is included in "Purchased tax credits" in the table above. The $21.1 million liability to the seller was paid on January 15, 2026.

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at December 31 follow:


	2025		2024
	(In thousands)
Deferred tax assets
Allowance for credit losses	$	13,323	$	12,470
Unrealized loss on securities AFS	10,700		13,105
Unrealized loss on securities HTM transferred from AFS	2,726		3,396
Incentive compensation	1,839		2,052
Lease liabilities	1,581		1,331
Property and equipment	1,479		1,545
Reserve for unfunded lending commitments	1,142		1,078
Share-based compensation	1,082		861
Deferred compensation	645		621
Non accrual loan interest income	300		128
Unrealized loss on derivative financial instruments	367		551
Loss reimbursement on sold loans reserve	252		260
Other than temporary impairment charge on securities available for sale	147		146
Securities premium amortization	91		831
Gross deferred tax assets	35,674		38,375
Deferred tax liabilities
Capitalized mortgage loan servicing rights	6,614		9,827
Deferred loan fees	2,256		2,245
Lease right of use asset	1,532		1,254
Purchase premiums, net	443		517


Other	94		69
Gross deferred tax liabilities	10,939		13,912
Deferred tax assets, net (1)	$	24,735	$	24,463


(1)			Included in accrued income and other assets on the Consolidated Statements of Financial Position.

We assess whether a valuation allowance should be established against our deferred tax assets based on the consideration of all available evidence using a ‘‘more likely than not’’ standard. The ultimate realization of this asset is primarily based on generating future income. We concluded at both December 31, 2025 and 2024, that the realization of substantially all of our deferred tax assets continues to be more likely than not.

Changes in unrecognized tax benefits for the years ended December 31 follow:


	2025		2024		2023
	(In thousands)
Balance at beginning of year	$	188	$	188	$	186
Additions based on tax positions related to the current year	26		18		13
Reductions due to the statute of limitations	(20)		(18)		(11)
Reductions due to settlements	—		—		—
Balance at end of year	$	194	$	188	$	188

If recognized, the entire amount of unrecognized tax benefits, net of $0.04 million of federal tax on state benefits, would affect our effective tax rate. No amounts were expensed for interest and penalties for the years ended December 31,

2025, 2024 and 2023. No amounts were accrued for interest and penalties at December 31, 2025, 2024 and 2023. At December 31, 2025, U.S. Federal tax years 2022 through the present remain open to examination.

- Definition

The entire disclosure for income tax.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 740
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477617/942-740-50-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 740
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478822/944-740-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

Reference 5: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12C

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12B

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 270
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477891/740-270-50-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 6.I.5.Q1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479360/740-10-S99-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480990/946-20-50-13

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(2))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/740/tableOfContent

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-14

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-21

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 17
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-17

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 11.C)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479360/740-10-S99-2

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482603/740-30-50-2

+ Details

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)

12 Months Ended

Dec. 31, 2025

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

Disaggregation of our revenue sources by attribute for the years ended December 31 follow:



	Service Charges on Deposit Accounts		Other Deposit Related Income		Interchange Income		Investment and Insurance Commissions		Total
2025	(In thousands)
Retail
Overdraft fees	$	8,939	$	—	$	—	$	—	$	8,939
Account service charges	2,637		—		—		—		2,637
ATM fees	—		1,529		—		—		1,529
Other	—		653		—		—		653
Business
Overdraft fees	446		—		—		—		446
ATM fees	—		47		—		—		47
Other	—		454		—		—		454
Interchange income	—		—		13,860		—		13,860
Asset management revenue	—		—		—		1,637		1,637
Transaction based revenue	—		—		—		1,873		1,873

Total	$	12,022	$	2,683	$	13,860	$	3,510	$	32,075

Reconciliation to Consolidated Statement of Operations:
Non-interest income - other:
Other deposit related income									$	2,683
Investment and insurance commissions									3,510
Bank owned life insurance (1)									1,187
Other (1)									5,145
Total									$	12,525

(1) Excluded from the scope of ASC Topic 606.



	Service Charges on Deposit Accounts		Other Deposit Related Income		Interchange Income		Investment and Insurance Commissions		Total
2024	(In thousands)
Retail
Overdraft fees	$	9,061	$	—	$	—	$	—	$	9,061
Account service charges	2,358		—		—		—		2,358
ATM fees	—		1,601		—		—		1,601
Other	—		772		—		—		772
Business
Overdraft fees	451		—		—		—		451
ATM fees	—		49		—		—		49
Other	—		427		—		—		427
Interchange income	—		—		13,992		—		13,992
Asset management revenue	—		—		—		1,847		1,847
Transaction based revenue	—		—		—		1,421		1,421

Total	$	11,870	$	2,849	$	13,992	$	3,268	$	31,979

Reconciliation to Consolidated Statement of Operations:
Non-interest income - other:
Other deposit related income									$	2,849
Investment and insurance commissions									3,268
Bank owned life insurance (1)									834
Other (1)									5,266
Total									$	12,217

(1) Excluded from the scope of ASC Topic 606.



	Service Charges on Deposit Accounts		Other Deposit Related Income		Interchange Income		Investment and Insurance Commissions		Total
2023	(In thousands)
Retail
Overdraft fees	$	9,686	$	—	$	—	$	—	$	9,686
Account service charges	2,162		—		—		—		2,162
ATM fees	—		1,636		—		—		1,636
Other	—		993		—		—		993
Business
Overdraft fees	513		—		—		—		513
ATM fees	—		47		—		—		47
Other	—		414		—		—		414
Interchange income	—		—		13,996		—		13,996
Asset management revenue	—		—		—		1,861		1,861
Transaction based revenue	—		—		—		1,595		1,595

Total	$	12,361	$	3,090	$	13,996	$	3,456	$	32,903

Reconciliation to Consolidated Statement of Operations:
Non-interest income - other:
Other deposit related income									$	3,090
Investment and insurance commissions									3,456
Bank owned life insurance (1)									474
Other (1)									5,459
Total									$	12,479

(1) Excluded from the scope of ASC Topic 606.

SHAREHOLDERS’ EQUITY AND NET INCOME PER COMMON SHARE - Earnings Per Share Reconciliation (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2025	Sep. 30, 2025	Jun. 30, 2025	Mar. 31, 2025	Dec. 31, 2024	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Earnings Per Share Reconciliation [Abstract]
Net income	$ 18,572	$ 17,502	$ 16,877	$ 15,590	$ 18,461	$ 13,810	$ 18,528	$ 15,991	$ 68,541	$ 66,790	$ 59,067
Weighted average shares outstanding (in shares)									20,758	20,892	20,976
Stock units for deferred compensation plan for non-employee directors (in shares)									175	180	160
Performance share units (in shares)									28	31	23
Effect of stock options (in shares)									2	3	11
Weighted average shares outstanding for calculation of diluted earnings per share (in shares)									20,963	21,106	21,170
Net income per common share
Basic (in dollars per share)	$ 0.90	$ 0.85	$ 0.81	$ 0.74	$ 0.88	$ 0.66	$ 0.89	$ 0.77	$ 3.30	$ 3.20	$ 2.82
Diluted (in dollars per share)	$ 0.89	$ 0.84	$ 0.81	$ 0.74	$ 0.87	$ 0.65	$ 0.88	$ 0.76	$ 3.27	$ 3.16	$ 2.79

FAIR VALUE DISCLOSURES - Fair Value Option Disclosures (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring Basis, Gain (Loss) Included in Earnings [Abstract]
Loans held for sale	$ 49	$ 139	$ 2,281
Capitalized mortgage loan servicing rights	(5,741)	533	(4,202)
Net Gains (Losses) on Assets -Mortgage Loans
Fair Value, Assets and Liabilities Measured on Recurring Basis, Gain (Loss) Included in Earnings [Abstract]
Loans held for sale	49	139	2,281
Mortgage Loan Servicing, net
Fair Value, Assets and Liabilities Measured on Recurring Basis, Gain (Loss) Included in Earnings [Abstract]
Capitalized mortgage loan servicing rights	$ (5,741)	$ 533	$ (4,202)

Insider Trading Policies and Procedures	12 Months Ended
Insider Trading Policies and Procedures	Dec. 31, 2025
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Adopted	true

REVENUE FROM CONTRACTS WITH CUSTOMERS

12 Months Ended

Dec. 31, 2025

Revenue from Contract with Customer [Abstract]

REVENUE FROM CONTRACTS WITH CUSTOMERS

We account for revenue in accordance with ASC Topic 606, Revenue from Contracts with Customers. We derive the majority of our revenue from financial instruments and their related contractual rights and obligations which for the most part are excluded from the scope of this topic. These sources of revenue that are excluded from the scope of this topic include interest income, net gains on mortgage loans, net losses on securities AFS, mortgage loan servicing, net and bank owned life insurance and were approximately 88.2%, 88.5% and 86.8% of total revenues at December 31, 2025, 2024 and 2023, respectively.

Material sources of revenue that are included in the scope of this topic include service charges on deposit accounts, other deposit related income, interchange income and investment and insurance commissions and are discussed in the following paragraphs. Generally these sources of revenue are earned at the time the service is delivered or over the course of a monthly period and do not result in any contract asset or liability balance at any given period end. As a result, there were no contract assets or liabilities recorded as of December 31, 2025 and 2024.

Service charges on deposit accounts and other deposit related income: Revenues are earned on depository accounts for commercial and retail customers and include fees for transaction-based, account maintenance and overdraft services. Transaction-based fees, which includes services such as ATM use fees, stop payment charges and ACH fees are recognized at the time the transaction is executed as that is the time we fulfill our customer’s request. Account maintenance fees, which includes monthly maintenance services are earned over the course of a month representing the period over which the performance obligation is satisfied. Our obligation for overdraft services is satisfied at the time of the overdraft.

Interchange income: Interchange income primarily includes debit card interchange and network revenues. Debit card interchange and network revenues are earned on debit card transactions conducted through payment networks such as MasterCard and Accel. Interchange income is recognized concurrently with the delivery of services on a daily basis. Interchange and network revenues are presented gross of interchange expenses, which are presented separately as a component of non-interest expense.

Investment and insurance commissions: Investment and insurance commissions include fees and commissions from asset management, custody, recordkeeping, investment advisory and other services provided to our customers. Revenue is recognized on an accrual basis at the time the services are performed and generally based on either the market value of the assets managed or the services provided. We have an agent relationship with a third party provider of these services and net certain direct costs charged by the third party provider associated with providing these services to our customers.

Net (gains) losses on other real estate and repossessed assets: We record a gain or loss from the sale of other real estate when control of the property transfers to the buyer, which generally occurs at the time of an executed deed. If we were to finance the sale of other real estate to the buyer, we would assess whether the buyer is committed to perform their obligations under the contract and whether collectability of the transaction is probable. Once these criteria are met, the other real estate asset would be derecognized and the gain or loss on sale would be recorded upon the transfer of control of the property to the buyer. There were no other real estate properties sold during 2025, 2024 or 2023 that were financed by us.

Disaggregation of our revenue sources by attribute for the years ended December 31 follow:



	Service Charges on Deposit Accounts		Other Deposit Related Income		Interchange Income		Investment and Insurance Commissions		Total
2025	(In thousands)
Retail
Overdraft fees	$	8,939	$	—	$	—	$	—	$	8,939
Account service charges	2,637		—		—		—		2,637
ATM fees	—		1,529		—		—		1,529
Other	—		653		—		—		653
Business
Overdraft fees	446		—		—		—		446
ATM fees	—		47		—		—		47
Other	—		454		—		—		454
Interchange income	—		—		13,860		—		13,860
Asset management revenue	—		—		—		1,637		1,637
Transaction based revenue	—		—		—		1,873		1,873

Total	$	12,022	$	2,683	$	13,860	$	3,510	$	32,075

Reconciliation to Consolidated Statement of Operations:
Non-interest income - other:
Other deposit related income									$	2,683
Investment and insurance commissions									3,510
Bank owned life insurance (1)									1,187
Other (1)									5,145
Total									$	12,525

(1) Excluded from the scope of ASC Topic 606.



	Service Charges on Deposit Accounts		Other Deposit Related Income		Interchange Income		Investment and Insurance Commissions		Total
2024	(In thousands)
Retail
Overdraft fees	$	9,061	$	—	$	—	$	—	$	9,061
Account service charges	2,358		—		—		—		2,358
ATM fees	—		1,601		—		—		1,601
Other	—		772		—		—		772
Business
Overdraft fees	451		—		—		—		451
ATM fees	—		49		—		—		49
Other	—		427		—		—		427
Interchange income	—		—		13,992		—		13,992
Asset management revenue	—		—		—		1,847		1,847
Transaction based revenue	—		—		—		1,421		1,421

Total	$	11,870	$	2,849	$	13,992	$	3,268	$	31,979

Reconciliation to Consolidated Statement of Operations:
Non-interest income - other:
Other deposit related income									$	2,849
Investment and insurance commissions									3,268
Bank owned life insurance (1)									834
Other (1)									5,266
Total									$	12,217

(1) Excluded from the scope of ASC Topic 606.



	Service Charges on Deposit Accounts		Other Deposit Related Income		Interchange Income		Investment and Insurance Commissions		Total
2023	(In thousands)
Retail
Overdraft fees	$	9,686	$	—	$	—	$	—	$	9,686
Account service charges	2,162		—		—		—		2,162
ATM fees	—		1,636		—		—		1,636
Other	—		993		—		—		993
Business
Overdraft fees	513		—		—		—		513
ATM fees	—		47		—		—		47
Other	—		414		—		—		414
Interchange income	—		—		13,996		—		13,996
Asset management revenue	—		—		—		1,861		1,861
Transaction based revenue	—		—		—		1,595		1,595

Total	$	12,361	$	3,090	$	13,996	$	3,456	$	32,903

Reconciliation to Consolidated Statement of Operations:
Non-interest income - other:
Other deposit related income									$	3,090
Investment and insurance commissions									3,456
Bank owned life insurance (1)									474
Other (1)									5,459
Total									$	12,479

(1) Excluded from the scope of ASC Topic 606.

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-7

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-9

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-10

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-15

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-13

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
-Topic 606
-Publisher FASB
-URI https://asc.fasb.org/606/tableOfContent

+ Details

SECURITIES - Available for Sale (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Debt Securities, Available-for-sale [Abstract]
Total securities available-for-sale, amortized cost	$ 546,863	$ 621,588
Debt securities, available-for-sale, unrealized gains	430	343
Debt securities, available-for-sale, unrealized losses	51,384	62,749
Securities available for sale	495,909	559,182
U.S. agency
Debt Securities, Available-for-sale [Abstract]
Total securities available-for-sale, amortized cost	8,320	8,858
Debt securities, available-for-sale, unrealized gains	1	1
Debt securities, available-for-sale, unrealized losses	404	700
Securities available for sale	7,917	8,159
U.S. agency residential mortgage-backed
Debt Securities, Available-for-sale [Abstract]
Total securities available-for-sale, amortized cost	87,435	80,589
Debt securities, available-for-sale, unrealized gains	136	47
Debt securities, available-for-sale, unrealized losses	6,506	9,499
Securities available for sale	81,065	71,137
U.S. agency commercial mortgage-backed
Debt Securities, Available-for-sale [Abstract]
Total securities available-for-sale, amortized cost	8,039	12,821
Debt securities, available-for-sale, unrealized gains	0	0
Debt securities, available-for-sale, unrealized losses	853	1,180
Securities available for sale	7,186	11,641
Private label mortgage-backed
Debt Securities, Available-for-sale [Abstract]
Total securities available-for-sale, amortized cost	42,689	74,268
Debt securities, available-for-sale, unrealized gains	260	263
Debt securities, available-for-sale, unrealized losses	2,443	4,496
Securities available for sale	40,506	70,035
Other asset backed
Debt Securities, Available-for-sale [Abstract]
Total securities available-for-sale, amortized cost	30,633	39,232
Debt securities, available-for-sale, unrealized gains	31	18
Debt securities, available-for-sale, unrealized losses	479	734
Securities available for sale	30,185	38,516
Obligations of states and political subdivisions
Debt Securities, Available-for-sale [Abstract]
Total securities available-for-sale, amortized cost	319,402	330,874
Debt securities, available-for-sale, unrealized gains	0	14
Debt securities, available-for-sale, unrealized losses	39,000	42,097
Securities available for sale	280,402	288,791
Corporate
Debt Securities, Available-for-sale [Abstract]
Total securities available-for-sale, amortized cost	49,355	73,960
Debt securities, available-for-sale, unrealized gains	2	0
Debt securities, available-for-sale, unrealized losses	1,696	4,039
Securities available for sale	47,661	69,921
Trust preferred
Debt Securities, Available-for-sale [Abstract]
Total securities available-for-sale, amortized cost	990	986
Debt securities, available-for-sale, unrealized gains	0	0
Debt securities, available-for-sale, unrealized losses	3	4
Securities available for sale	$ 987	$ 982

SHARE BASED COMPENSATION AND BENEFIT PLANS - Outstanding Stock Option Grants and Related Transactions (Details) - Share-Based Payment Arrangement, Option $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2025 USD ($) $ / shares shares
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding [Roll Forward]
Outstanding, beginning balance (in shares)	5,583
Granted (in shares)	0
Exercised (in shares)	(2,793)
Forfeited (in shares)	0
Expired (in shares)	0
Outstanding, ending balance (in shares)	2,790
Vested and expected to vest, period end (in shares)	2,790
Exercisable, period end (in shares)	2,790
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Outstanding, beginning balance (in dollars per share) \| $ / shares	$ 13.43
Exercised (in dollars per share) \| $ / shares	13.43
Outstanding, ending balance (in dollars per share) \| $ / shares	13.43
Vested and expected to vest, period end (in dollars per share) \| $ / shares	13.43
Exercisable, period end (in dollars per share) \| $ / shares	$ 13.43
Weighted-Average Remaining Contractual Term [Abstract]
Outstanding, weighted-average remaining contractual term	1 year 1 month 20 days
Vested and expected to vest, weighted-average remaining contractual term	1 year 1 month 20 days
Exercisable, weighted-average remaining contractual term	1 year 1 month 20 days
Aggregate Intrinsic Value [Abstract]
Outstanding, aggregate intrinsic value \| $	$ 53
Vested and expected to vest, aggregate intrinsic value \| $	53
Exercisable, aggregate intrinsic value \| $	$ 53

INDEPENDENT BANK CORPORATION (PARENT COMPANY ONLY) FINANCIAL INFORMATION (Tables)

12 Months Ended

Dec. 31, 2025

Condensed Financial Information Disclosure [Abstract]

Condensed Statements of Financial Condition


	December 31,
	2025		2024
	(In thousands)
ASSETS
Cash and due from banks	$	46,731	$	9,901
Interest bearing deposits - time	—		40,000
Investment in subsidiaries	492,936		484,887
Accrued income and other assets	25,072		8,830
Total Assets	$	564,739	$	543,618

LIABILITIES AND SHAREHOLDERS’ EQUITY
Subordinated debt	$	—	$	39,586
Subordinated debentures	39,864		39,796
Accrued expenses and other liabilities	20,746		8,520
Shareholders’ equity	504,129		455,716
Total Liabilities and Shareholders’ Equity	$	564,739	$	543,618

Condensed Statements of Operations

CONDENSED STATEMENTS OF OPERATIONS


	Year Ended December 31,
	2025		2024		2023
	(In thousands)
OPERATING INCOME
Dividends from subsidiary	$	76,500	$	25,000	$	24,000
Interest income	1,356		1,746		1,317
Other income	87		99		96
Total Operating Income	77,943		26,845		25,413

OPERATING EXPENSES
Interest expense	5,396		5,818		5,726
Administrative and other expenses	1,144		1,073		1,134
Total Operating Expenses	6,540		6,891		6,860
Income Before Income Tax and Equity in Undistributed Net Income of Subsidiaries	71,403		19,954		18,553
Income tax benefit	(1,492)		(1,112)		(1,215)
Income Before Equity in Undistributed Net Income of Subsidiaries	72,895		21,066		19,768
Equity in undistributed net income of subsidiaries	(4,354)		45,724		39,299
Net Income	$	68,541	$	66,790	$	59,067

Condensed Statements of Cash Flows

CONDENSED STATEMENTS OF CASH FLOWS


	Year Ended December 31,
	2025		2024		2023
	(In thousands)
Net Income	$	68,541	$	66,790	$	59,067
ADJUSTMENTS TO RECONCILE NET INCOME TO NET CASH FROM OPERATING ACTIVITIES
Deferred income tax expense (benefit)	13		72		(56)
Share based compensation	66		61		91
Accretion of discount on subordinated debt and debentures	482		144		145
(Increase) decrease in accrued income and other assets	(16,255)		(4,483)		1,857
Increase (decrease) in accrued expenses and other liabilities	12,334		5,334		(2,862)
Equity in undistributed net income of subsidiaries	4,354		(45,724)		(39,299)
Total Adjustments	994		(44,596)		(40,124)
Net Cash From Operating Activities	69,535		22,194		18,943

CASH FLOW USED IN INVESTING ACTIVITIES
Purchases of interest bearing deposits - time	(115,000)		(145,000)		(80,000)
Maturity of interest bearing deposits - time	155,000		145,000		80,000
Net Cash Used In Investing Activities	40,000		—		—

CASH FLOW USED IN FINANCING ACTIVITIES
Extinguishment of subordinated debt	(40,000)		—		—
Dividends paid	(21,600)		(20,045)		(19,327)
Proceeds from issuance of common stock	2,543		2,284		2,208
Share based compensation withholding obligation	(1,215)		(1,051)		(650)
Repurchase of common stock	(12,433)		—		(5,157)
Net Cash Used In Financing Activities	(72,705)		(18,812)		(22,926)
Net Increase (Decrease) in Cash and Cash Equivalents	36,830		3,382		(3,983)
Cash and Cash Equivalents at Beginning of Year	9,901		6,519		10,502
Cash and Cash Equivalents at End of Year	$	46,731	$	9,901	$	6,519

INCOME TAX - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Deferred tax assets
Allowance for credit losses	$ 13,323	$ 12,470
Unrealized loss on securities AFS	10,700	13,105
Unrealized loss on securities HTM transferred from AFS	2,726	3,396
Incentive compensation	1,839	2,052
Lease liabilities	1,581	1,331
Property and equipment	1,479	1,545
Reserve for unfunded lending commitments	1,142	1,078
Share-based compensation	1,082	861
Deferred compensation	645	621
Non accrual loan interest income	300	128
Unrealized loss on derivative financial instruments	367	551
Loss reimbursement on sold loans reserve	252	260
Other than temporary impairment charge on securities available for sale	147	146
Securities premium amortization	91	831
Gross deferred tax assets	35,674	38,375
Deferred tax liabilities
Capitalized mortgage loan servicing rights	6,614	9,827
Deferred loan fees	2,256	2,245
Lease right of use asset	1,532	1,254
Purchase premiums, net	443	517
Other	94	69
Gross deferred tax liabilities	10,939	13,912
Deferred tax assets, net	$ 24,735	$ 24,463

FAIR VALUE DISCLOSURES - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Asset Impairment Charges [Abstract]
Collateral dependent loans, carrying amount	$ 18.6	$ 5.5
Collateral dependent loans, valuation allowance	6.8	2.3
Accounts receivable, credit loss expense (reversal)	$ 7.0	$ 0.2	$ 1.1

SECURITIES - Held-to-Maturity, Allowance for Credit Losses (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 168	$ 132	$ 157	$ 168
Provision for credit losses		(40)	(1,150)	2,989
Recoveries credited to the allowance		0	1,125	0
Securities HTM charged against the allowance	(3,000)	0	0	(3,000)
Balance at end of period		92	132	157
Private label mortgage-backed
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	1	1	4	1
Provision for credit losses		1	(3)	3
Recoveries credited to the allowance		0	0	0
Securities HTM charged against the allowance		0	0	0
Balance at end of period		2	1	4
Obligations of states and political subdivisions
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	39	17	33	39
Provision for credit losses		2	(16)	(6)
Recoveries credited to the allowance		0	0	0
Securities HTM charged against the allowance		0	0	0
Balance at end of period		19	17	33
Corporate
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	123	111	116	123
Provision for credit losses		(44)	(1,130)	2,993
Recoveries credited to the allowance		0	1,125	0
Securities HTM charged against the allowance		0	0	(3,000)
Balance at end of period		67	111	116
Trust preferred
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 5	3	4	5
Provision for credit losses		1	(1)	(1)
Recoveries credited to the allowance		0	0	0
Securities HTM charged against the allowance		0	0	0
Balance at end of period		$ 4	$ 3	$ 4

RESTRICTIONS ON CASH AND DUE FROM BANKS	12 Months Ended
RESTRICTIONS ON CASH AND DUE FROM BANKS	Dec. 31, 2025
Restricted Cash and Investments [Abstract]
RESTRICTIONS ON CASH AND DUE FROM BANKS	RESTRICTIONS ON CASH AND DUE FROM BANKS Our Bank's required average reserve balances to be maintained in the form of vault cash and balances with the FRB during 2025 and 2024 were zero. We do not maintain compensating balances with correspondent banks. We may also be required to maintain reserve balances related to certain mortgage banking related derivatives not classified as hedges. These balances are held at unrelated financial institutions and totaled $0.1 million and zero at December 31, 2025 and 2024, respectively.

CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($) $ in Thousands	Total	Common Stock	Retained Earnings	Accumulated Other Comprehensive Loss
Balances at beginning of period at Dec. 31, 2022	$ 347,596	$ 320,991	$ 119,368	$ (92,763)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	59,067		59,067
Cash dividends declared	(19,327)		(19,327)
Repurchase of common stock	(5,157)	(5,157)
Issuance of common stock	70	70
Share based compensation	2,229	2,229
Share based compensation withholding obligation	(650)	(650)
Other comprehensive income	20,621			20,621
Balances at end of period at Dec. 31, 2023	404,449	317,483	159,108	(72,142)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	66,790		66,790
Cash dividends declared	(20,045)		(20,045)
Issuance of common stock	13	13
Share based compensation	2,332	2,332
Share based compensation withholding obligation	(1,051)	(1,051)
Other comprehensive income	2,198			2,198
Balances at end of period at Dec. 31, 2024	454,686	318,777	205,853	(69,944)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	68,541		68,541
Cash dividends declared	(21,600)		(21,600)
Repurchase of common stock	(12,433)	(12,433)
Share based compensation	2,716	2,716
Share based compensation withholding obligation	(1,215)	(1,215)
Other comprehensive income	12,256			12,256
Balances at end of period at Dec. 31, 2025	$ 502,951	$ 307,845	$ 252,794	$ (57,688)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 946
-SubTopic 830
-Name Accounting Standards Codification
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-Name Accounting Standards Codification
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+ Details

- Definition

Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering.

+ References + Details

- Definition

+ References + Details

- Definition

Amount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest.

+ References

+ Details

INCOME TAX - Changes in Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance at beginning of year	$ 188	$ 188	$ 186
Additions based on tax positions related to the current year	26	18	13
Reductions due to the statute of limitations	(20)	(18)	(11)
Reductions due to settlements	0	0	0
Balance at end of year	$ 194	$ 188	$ 188

FAIR VALUE DISCLOSURES - Reconciliation for All Assets and Liabilities Measured at Fair Value on a Recurring Basis Using Significant Unobservable Inputs (Level 3) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2025 USD ($)	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)	Jan. 31, 2025 USD ($)
Total losses realized and unrealized:
Mortgage loan servicing rights sold				$ 931,600
Mortgage loan servicing rights sold, percentage				0.263
Mortgage loan servicing rights sold, capitalized amount				$ 13,100
Mortgage loan servicing rights sold, capitalized, percentage				0.279
Holdback amount				$ 100
Transaction expense	$ 200
Capitalized Mortgage Loan Servicing Rights
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning balance	46,796	$ 42,243	$ 42,489
Total losses realized and unrealized:
Included in results of operations	(5,741)	533	(4,202)
Included in results of operations - gain on sale	(233)	0	0
Included in other comprehensive income (loss)	0	0	0
Purchases, issuances, settlements, maturities and calls	3,494	4,020	3,956
Sales	(12,823)	0	0
Transfers in and/or out of Level 3	0	0	0
Ending balance	31,493	46,796	42,243
Amount of total gains (losses) for the period included in earnings attributable to the change in unrealized losses relating to assets and liabilities still held at December 31	$ (5,741)	$ 533	$ (4,202)

INDEPENDENT BANK CORPORATION (PARENT COMPANY ONLY) FINANCIAL INFORMATION - Statements of Financial Condition (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and due from banks	$ 52,235	$ 56,984
Accrued income and other assets	167,516	147,547
Total Assets	5,505,720	5,338,104	$ 5,263,726
LIABILITIES AND SHAREHOLDERS’ EQUITY
Subordinated debt	0	39,586
Subordinated debentures	39,864	39,796
Accrued expenses and other liabilities	124,220	104,939
Total Shareholders’ Equity	502,951	454,686	$ 404,449	$ 347,596
Total Liabilities and Shareholders’ Equity	5,505,720	5,338,104
Parent Company
Assets
Cash and due from banks	46,731	9,901
Interest bearing deposits - time	0	40,000
Investment in subsidiaries	492,936	484,887
Accrued income and other assets	25,072	8,830
Total Assets	564,739	543,618
LIABILITIES AND SHAREHOLDERS’ EQUITY
Subordinated debt	0	39,586
Subordinated debentures	39,864	39,796
Accrued expenses and other liabilities	20,746	8,520
Total Shareholders’ Equity	504,129	455,716
Total Liabilities and Shareholders’ Equity	$ 564,739	$ 543,618

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 68,541	$ 66,790	$ 59,067
Securities available for sale
Unrealized gain arising during period	11,082	1,866	22,094
Accretion of net unrealized losses on securities transferred to held to maturity	3,189	3,332	3,563
Reclassification adjustments for losses included in earnings	370	428	222
Unrealized gains recognized in other comprehensive income on securities available for sale	14,641	5,626	25,879
Income tax expense	3,075	1,181	5,435
Unrealized gains recognized in other comprehensive income on securities available for sale, net of tax	11,566	4,445	20,444
Derivative instruments
Unrealized losses arising during period	(1,238)	(4,212)	(213)
Reclassification adjustment for expense recognized in earnings	2,111	1,366	437
Unrealized gains (losses) recognized in other comprehensive income on derivative instruments	873	(2,846)	224
Income tax expense (benefit)	183	(599)	47
Unrealized gains (losses) recognized in other comprehensive income on derivative instruments, net of tax	690	(2,247)	177
Other comprehensive income	12,256	2,198	20,621
Comprehensive income	$ 80,797	$ 68,988	$ 79,688

INDEPENDENT BANK CORPORATION (PARENT COMPANY ONLY) FINANCIAL INFORMATION - Statements of Cash Flows (Details) - USD ($) $ in Thousands		3 Months Ended								12 Months Ended
	Sep. 02, 2025	Dec. 31, 2025	Sep. 30, 2025	Jun. 30, 2025	Mar. 31, 2025	Dec. 31, 2024	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Statement of Cash Flows [Abstract]
Net income		$ 18,572	$ 17,502	$ 16,877	$ 15,590	$ 18,461	$ 13,810	$ 18,528	$ 15,991	$ 68,541	$ 66,790	$ 59,067
ADJUSTMENTS TO RECONCILE NET INCOME TO NET CASH FROM OPERATING ACTIVITIES
Deferred income tax expense (benefit)										(3,531)	(1,248)	215
Share based compensation										2,716	2,332	2,229
(Increase) decrease in accrued income and other assets										(25,648)	(25,187)	(14,617)
Increase (decrease) in accrued expenses and other liabilities										17,886	1,017	(3,597)
Total Adjustments										8,121	(3,639)	16,522
Net Cash From Operating Activities										76,662	63,151	75,589
CASH FLOW USED IN INVESTING ACTIVITIES
Net Cash Used In Investing Activities										(122,497)	(118,159)	(162,945)
CASH FLOW USED IN FINANCING ACTIVITIES
Repayment of subordinated debt	$ (40,000)									(40,000)	0	0
Dividends paid										(21,600)	(20,045)	(19,327)
Proceeds from issuance of common stock										0	13	70
Share based compensation withholding obligation										(1,215)	(1,051)	(650)
Repurchase of common stock										(12,433)	0	(5,157)
Net Cash From Financing Activities										64,340	5,109	182,766
Net Increase (Decrease) in Cash and Cash Equivalents										18,505	(49,899)	95,410
Cash and Cash Equivalents at Beginning of Year					119,882					119,882
Cash and Cash Equivalents at End of Year		138,387				119,882				138,387	119,882
Parent Company
Statement of Cash Flows [Abstract]
Net income										68,541	66,790	59,067
ADJUSTMENTS TO RECONCILE NET INCOME TO NET CASH FROM OPERATING ACTIVITIES
Deferred income tax expense (benefit)										13	72	(56)
Share based compensation										66	61	91
Accretion of discount on subordinated debt and debentures										482	144	145
(Increase) decrease in accrued income and other assets										(16,255)	(4,483)	1,857
Increase (decrease) in accrued expenses and other liabilities										12,334	5,334	(2,862)
Equity in undistributed net income of subsidiaries										4,354	(45,724)	(39,299)
Total Adjustments										994	(44,596)	(40,124)
Net Cash From Operating Activities										69,535	22,194	18,943
CASH FLOW USED IN INVESTING ACTIVITIES
Purchases of interest bearing deposits - time										(115,000)	(145,000)	(80,000)
Maturity of interest bearing deposits - time										155,000	145,000	80,000
Net Cash Used In Investing Activities										40,000	0	0
CASH FLOW USED IN FINANCING ACTIVITIES
Repayment of subordinated debt										(40,000)	0	0
Dividends paid										(21,600)	(20,045)	(19,327)
Proceeds from issuance of common stock										2,543	2,284	2,208
Share based compensation withholding obligation										(1,215)	(1,051)	(650)
Repurchase of common stock										(12,433)	0	(5,157)
Net Cash From Financing Activities										(72,705)	(18,812)	(22,926)
Net Increase (Decrease) in Cash and Cash Equivalents										36,830	3,382	(3,983)
Cash and Cash Equivalents at Beginning of Year					$ 9,901				$ 6,519	9,901	6,519	10,502
Cash and Cash Equivalents at End of Year		$ 46,731				$ 9,901				$ 46,731	$ 9,901	$ 6,519

ACCOUNTING POLICIES - Other Intangibles (Details)	Dec. 31, 2025
Minimum
Finite Lived Intangible Asset Useful Life [Abstract]
Finite-lived intangible asset, useful life	10 years
Maximum
Finite Lived Intangible Asset Useful Life [Abstract]
Finite-lived intangible asset, useful life	15 years

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Assets
Cash and due from banks	$ 52,235	$ 56,984
Interest bearing deposits	86,152	62,898
Cash and Cash Equivalents	138,387	119,882
Securities available for sale	495,909	559,182
Securities held to maturity (fair value of $282,830 at December 31, 2025 and $301,860 at December 31, 2024)	309,523	339,436
Federal Home Loan Bank and Federal Reserve Bank stock, at cost	18,102	16,099
Loans held for sale, carried at fair value	9,031	7,643
Loans
Financing receivable, before allowance for credit loss	4,276,285	4,038,825
Allowance for credit losses	(63,445)	(59,379)
Net Loans	4,212,840	3,979,446
Other real estate and repossessed assets, net	896	938
Property and equipment, net	38,972	37,492
Bank-owned life insurance	53,750	53,855
Capitalized mortgage loan servicing rights, carried at fair value	31,493	46,796
Other intangibles, net	1,001	1,488
Goodwill	28,300	28,300
Accrued income and other assets	167,516	147,547
Total Assets	5,505,720	5,338,104
Deposits
Non-interest bearing	991,984	1,013,647
Savings and interest-bearing checking	2,113,260	1,995,314
Reciprocal	974,921	907,031
Time	662,858	628,285
Brokered time	18,659	109,811
Total Deposits	4,761,682	4,654,088
Other borrowings	77,003	45,009
Subordinated debt	0	39,586
Subordinated debentures	39,864	39,796
Accrued expenses and other liabilities	124,220	104,939
Total Liabilities	5,002,769	4,883,418
Commitments and contingent liabilities
Shareholders’ Equity
Preferred stock, no par value, 200,000 shares authorized; none issued or outstanding	0	0
Common stock, no par value, 500,000,000 shares authorized; issued and outstanding: 20,548,893 shares at December 31, 2025 and 20,895,714 shares at December 31, 2024	307,845	318,777
Retained earnings	252,794	205,853
Accumulated other comprehensive loss	(57,688)	(69,944)
Total Shareholders’ Equity	502,951	454,686
Total Liabilities and Shareholders’ Equity	5,505,720	5,338,104
Commercial
Loans
Financing receivable, before allowance for credit loss	2,213,557	1,937,364
Allowance for credit losses	(29,012)	(22,872)
Mortgage
Loans
Financing receivable, before allowance for credit loss	1,524,821	1,516,726
Allowance for credit losses	(20,914)	(22,317)
Installment
Loans
Financing receivable, before allowance for credit loss	537,907	584,735
Allowance for credit losses	$ (2,639)	$ (3,040)

CONCENTRATIONS OF CREDIT RISK	12 Months Ended
CONCENTRATIONS OF CREDIT RISK	Dec. 31, 2025
Risks and Uncertainties [Abstract]
CONCENTRATIONS OF CREDIT RISK	CONCENTRATIONS OF CREDIT RISK Credit risk is the risk to earnings and capital arising from an obligor’s failure to meet the terms of any contract with our organization or otherwise failing to perform as agreed. Credit risk can occur outside of our traditional lending activities and can exist in any activity where success depends on counterparty, issuer or borrower performance. Concentrations of credit risk (whether on- or off-balance sheet) arising from financial instruments can exist in relation to individual borrowers or groups of borrowers, certain types of collateral, certain types of industries or certain geographic regions. Credit risk associated with these concentrations could arise when a significant amount of loans or other financial instruments, related by similar characteristics, are simultaneously impacted by changes in economic or other conditions that cause their probability of repayment or other type of settlement to be adversely affected. Our major concentrations of credit risk arise by collateral type and by industry. The significant concentrations by collateral type at December 31, 2025, include $1.497 billion of loans secured by residential real estate and $273.6 million of construction and land development loans. Additionally, within our commercial real estate and commercial and industrial loan classes, we had significant standard industry classification concentrations in the following categories as of December 31, 2025: Lessors of Nonresidential Real Estate ($624.3 million); Construction ($214.1 million); Lessors of Residential Real Estate ($180.8 million); Health Care and Social Assistance ($174.5 million); Accommodation and Food Services ($164.5 million); and Manufacturing ($112.9 million). A geographic concentration arises because we primarily conduct our lending activities in the State of Michigan.

- Definition

The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Subparagraph (d)(3)
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-URI https://asc.fasb.org/1943274/2147482907/825-10-50-21

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
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-URI https://asc.fasb.org/275/tableOfContent

+ Details

RELATED PARTY TRANSACTIONS

12 Months Ended

Dec. 31, 2025

RELATED PARTY TRANSACTIONS

Certain directors and executive officers, including companies in which they are officers or have significant ownership, were loan and deposit customers during 2025 and 2024.

A summary of loans to our directors and executive officers (which includes loans to entities in which the individual owns a 10% or more voting interest) for the years ended December 31 follows:


	2025		2024
	(In thousands)
Balance at beginning of year	$	3,938	$	7,373
New loans and advances	402		237
Repayments	(459)		(3,672)
Balance at end of year	$	3,881	$	3,938

We had $1.34 million and $1.39 million in loan commitments to directors and executive officers at December 31, 2025 and 2024, respectively. Of these commitments, balances outstanding were $0.10 million and $0.01 million at December 31, 2025 and 2024, respectively, and included in the table above.

Deposits held by us for directors and executive officers totaled $3.4 million and $1.5 million at December 31, 2025 and 2024, respectively.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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-URI https://asc.fasb.org/1943274/2147483326/850-10-50-1

+ Details

OTHER BORROWINGS

12 Months Ended

Dec. 31, 2025

Debt Disclosure [Abstract]

OTHER BORROWINGS

A summary of other borrowings at December 31 follows:


	2025		2024
	(In thousands)
Advances from the FHLB	$	77,000	$	45,000

Other	3		9
Total	$	77,003	$	45,009

Borrowings with the FRB at both December 31, 2025 and 2024 were zero. Average borrowings with the FRB during the years ended December 31, 2025, 2024 and 2023 totaled $0.1 million, $0.2 million and $4.5 million, respectively. We had unused borrowing capacity with the FRB (subject to the FRB’s credit requirements and policies) of $1.24 billion at December 31, 2025. Collateral for FRB borrowings are certain securities AFS, securities HTM, commercial loans and installment loans. Interest expense on borrowings with the FRB amounted to $0.004 million, $0.013 million and $0.188 million for the years ended December 31, 2025, 2024 and 2023, respectively.

Advances from the FHLB are secured by unencumbered qualifying mortgage and home equity loans with a market value equal to at least 125% to 165%, respectively, of outstanding advances as well as certain securities AFS, securities HTM and by the FHLB stock that we own. Unused borrowing capacity with the FHLB (subject to the FHLB’s credit requirements and policies) was $0.75 billion at December 31, 2025. Interest expense on advances amounted to $0.8 million, $2.0 million and $2.4 million for the years ended December 31, 2025, 2024 and 2023, respectively. During 2024 we exercised a call option and terminated a $50.0 million fixed rate advance with no penalty.

As a member of the FHLB, we must own FHLB stock equal to the greater of 0.10% of total assets or 4.5% of our outstanding advances and certain loans sold to the FHLB. At December 31, 2025, we were in compliance with the FHLB stock ownership requirements.

The maturity dates, weighted average interest rates and contractually required repayments of FHLB advances at December 31 follow:


	2025				2024
	Amount		Rate		Amount		Rate
	(Dollars in thousands)
Fixed Rate Advances
2030	$	2,000	—	%	$	—
Total fixed rate advances	2,000		—		—

Variable Rate Advances
2025	—		—		45,000		4.48	%
2026	75,000		3.79		—		—
Total variable rate advances	75,000		3.79		45,000

Total FHLB advances	$	77,000	3.69	%	$	45,000	4.48	%

Assets, consisting of securities AFS, securities HTM, FHLB stock and loans, pledged to secure other borrowings and unused borrowing capacity totaled $2.86 billion at December 31, 2025.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8A
-Publisher FASB
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

LEASES

12 Months Ended

Dec. 31, 2025

Leases [Abstract]

LEASES

We have entered into leases in the normal course of business primarily for office facilities, some of which include renewal options and escalation clauses. Certain leases also include both lease components (fixed payments including rent, taxes and insurance costs) and non-lease components (common area or other maintenance costs) which are accounted for as a single lease component as we have elected the practical expedient to group lease and non-lease components together for all leases. We have also elected not to recognize leases with original lease terms of 12 months or less (short-term leases) on our Consolidated Statements of Financial Condition. Most of our leases include one or more options to renew. The exercise of lease renewal options is typically at our sole discretion and are included in our right of use (“ROU”) assets and lease liabilities if they are reasonably certain of exercise.

Leases are classified as operating or finance leases at the lease commencement date (we did not have any finance leases as of December 31, 2025 and 2024). Lease expense for operating leases and short-term leases is recognized on a straight-line basis over the lease term. The ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. ROU assets and lease liabilities are recognized at the lease commencement date based on the estimated present value of the lease payment over the lease term.

As most of our leases do not provide an implicit rate, we use our incremental borrowing rate based on the information available at the lease commencement date in determining the present value of the lease payments.

The cost components of our operating leases follows:


	2025		2024		2023
	(In thousands)
Operating lease cost	$	1,408	$	1,385	$	1,436
Variable lease cost	15		44		97
Short-term lease cost	75		91		94
Total	$	1,498	$	1,520	$	1,627

Variable lease costs consist primarily of taxes, insurance, and common area or other maintenance costs for our leased facilities.

Supplemental balance sheet information related to our operating leases follows:


	2025			2024
	(In thousands)
Lease right of use asset (1)	$	7,296		$	5,971
Lease liabilities (2)	$	7,528		$	6,338

Weighted average remaining lease term (years)	6.79			7.07
Weighted average discount rate	4.4		%	3.7		%

(1)Included in Accrued income and other assets in our Consolidated Statements of Financial Condition.

(2)Included in Accrued expenses and other liabilities in our Consolidated Statements of Financial Condition.

Maturity analysis of our lease liabilities at December 31, 2025 based on required contractual payments follows:


	(In thousands)
2026	$	1,479
2027	1,340
2028	1,289
2029	1,296
2030	1,126
2031 and thereafter	2,255
Total lease payments	8,785
Less imputed interest	(1,257)
Total	$	7,528

OTHER REAL ESTATE - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Real Estate [Abstract]
Foreclosed residential real estate	$ 800	$ 900
Mortgage loans in process of foreclosure, amount	1,900	2,000
Other real estate and repossessed assets, net	$ 896	$ 938

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
INTEREST INCOME
Interest and fees on loans	$ 238,833	$ 228,585	$ 197,725
Interest on securities
Taxable	15,005	18,883	23,314
Tax-exempt	10,943	13,100	13,209
Other investments	4,956	6,208	5,429
Total Interest Income	269,737	266,776	239,677
INTEREST EXPENSE
Deposits	83,498	92,694	75,075
Other borrowings and subordinated debt and debentures	6,224	7,834	8,273
Total Interest Expense	89,722	100,528	83,348
Net Interest Income	180,015	166,248	156,329
Provision for credit losses	6,135	4,468	6,210
Net Interest Income After Provision for Credit Losses	173,880	161,780	150,119
NON-INTEREST INCOME
Interchange income	13,860	13,992	13,996
Service charges on deposit accounts	12,022	11,870	12,361
Net gains (losses) on assets
Mortgage loans	6,780	6,579	7,436
Equity securities at fair value	0	2,685	0
Securities available for sale	(370)	(428)	(222)
Mortgage loan servicing, net	827	9,447	4,626
Other	12,525	12,217	12,479
Total Non-interest Income	45,644	56,362	50,676
NON-INTEREST EXPENSE
Compensation and employee benefits	85,194	84,955	78,965
Data processing	14,788	13,579	11,862
Occupancy, net	8,567	7,806	7,908
Interchange expense	4,641	4,504	4,332
Furniture, fixtures and equipment	3,467	3,762	3,756
Advertising	3,211	3,058	2,165
FDIC deposit insurance	2,824	2,870	3,005
Loan and collection	2,737	2,474	2,174
Legal and professional	2,448	2,566	2,208
Communications	1,997	2,095	2,406
Other	8,359	7,427	8,338
Total Non-interest Expense	138,233	135,096	127,119
Income Before Income Tax	81,291	83,046	73,676
Income tax expense	12,750	16,256	14,609
Net Income	$ 68,541	$ 66,790	$ 59,067
Net income per common share
Basic (in dollars per share)	$ 3.30	$ 3.20	$ 2.82
Diluted (in dollars per share)	$ 3.27	$ 3.16	$ 2.79

FAIR VALUE DISCLOSURES - Difference Between Aggregate Fair value and Aggregate Remaining Contractual Principal (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Aggregate Fair Value	$ 9,031	$ 7,643	$ 12,063
Difference	127	78	(61)
Contractual Principal	$ 8,904	$ 7,565	$ 12,124

- Definition

Fair value portion of loans held-for-sale including, but not limited to, mortgage loans and finance receivables.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(2)(i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 28
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-28

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-11

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-11

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-10

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

+ Details

SECURITIES - Narrative (Details)	3 Months Ended		12 Months Ended
SECURITIES - Narrative (Details)	Mar. 31, 2024 USD ($)	Mar. 31, 2023 USD ($) security	Dec. 31, 2025 USD ($) security	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Debt Securities, Available-for-sale [Line Items]
Debt securities, available-for-sale, allowance for credit loss			$ 0	$ 0	$ 0
Debt securities, available-for-sale, accrued interest receivable			$ 3,500,000	$ 3,900,000
Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]			Accrued income and other assets	Accrued income and other assets
Schedule of Held-to-Maturity Securities [Line Items]
Debt securities, held-to-maturity, accrued interest, after allowance for credit loss			$ 1,500,000	$ 1,700,000
Debt Securities, Held-to-Maturity, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]			Accrued income and other assets	Accrued income and other assets
Debt securities, held-to-maturity, allowance for credit loss			$ 92,000	$ 132,000	157,000	$ 168,000
Securities HTM, number of defaulted securities \| security		1
Securities HTM charged against the allowance		$ 3,000,000.0	0	0	3,000,000
Proceeds from sale of held-to-maturity	$ 1,100,000
Tax benefit on net realized losses			(80,000.00)	(90,000.00)	(50,000.00)
Pledged securities with book value			$ 17,400,000	$ 13,500,000
Shareholder equity threshold not exceeded by revenue or taxing authority amount, percentage			10.00%	10.00%
Net gains on equity securities at fair value			$ 0	$ 2,685,000	0
U.S. agency
Debt Securities, Available-for-sale [Line Items]
Debt securities, available-for-sale, unrealized loss position, number of positions \| security			29
Schedule of Held-to-Maturity Securities [Line Items]
Debt securities, held-to-maturity, allowance for credit loss			$ 0	0
U.S. agency residential mortgage-backed
Debt Securities, Available-for-sale [Line Items]
Debt securities, available-for-sale, unrealized loss position, number of positions \| security			88
Schedule of Held-to-Maturity Securities [Line Items]
Debt securities, held-to-maturity, allowance for credit loss			$ 0	0
U.S. agency commercial mortgage-backed
Debt Securities, Available-for-sale [Line Items]
Debt securities, available-for-sale, unrealized loss position, number of positions \| security			9
Schedule of Held-to-Maturity Securities [Line Items]
Debt securities, held-to-maturity, allowance for credit loss			$ 0	0
Private label mortgage-backed
Debt Securities, Available-for-sale [Line Items]
Debt securities, available-for-sale, unrealized loss position, number of positions \| security			48
Schedule of Held-to-Maturity Securities [Line Items]
Debt securities, held-to-maturity, allowance for credit loss			$ 2,000	1,000	4,000	1,000
Securities HTM charged against the allowance			$ 0	0	0
Other asset backed
Debt Securities, Available-for-sale [Line Items]
Debt securities, available-for-sale, unrealized loss position, number of positions \| security			39
Corporate
Debt Securities, Available-for-sale [Line Items]
Debt securities, available-for-sale, unrealized loss position, number of positions \| security			51
Schedule of Held-to-Maturity Securities [Line Items]
Debt securities, held-to-maturity, allowance for credit loss			$ 67,000	111,000	116,000	123,000
Securities HTM charged against the allowance			$ 0	0	3,000,000
Obligations of states and political subdivisions
Debt Securities, Available-for-sale [Line Items]
Debt securities, available-for-sale, unrealized loss position, number of positions \| security			288
Schedule of Held-to-Maturity Securities [Line Items]
Debt securities, held-to-maturity, allowance for credit loss			$ 19,000	17,000	33,000	39,000
Securities HTM charged against the allowance			$ 0	0	0
Trust preferred
Debt Securities, Available-for-sale [Line Items]
Debt securities, available-for-sale, unrealized loss position, number of positions \| security			1
Schedule of Held-to-Maturity Securities [Line Items]
Debt securities, held-to-maturity, allowance for credit loss			$ 4,000	3,000	4,000	$ 5,000
Securities HTM charged against the allowance			$ 0	$ 0	$ 0

LOANS - Loan Portfolios (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Loans [Abstract]
Loans	$ 4,276,285	$ 4,038,825
Allowance for Credit Losses	(63,445)	(59,379)	$ (54,658)	$ (52,435)
Loans outstanding, net	4,212,840	3,979,446
Commercial
Loans [Abstract]
Loans	2,213,557	1,937,364
Allowance for Credit Losses	(29,012)	(22,872)	(16,724)	(13,817)
Commercial \| Commercial and industrial
Loans [Abstract]
Loans	1,158,841	1,001,329
Commercial \| Commercial real estate
Loans [Abstract]
Loans	1,054,716	936,035
Mortgage
Loans [Abstract]
Loans	1,524,821	1,516,726
Allowance for Credit Losses	(20,914)	(22,317)	(21,386)	(21,633)
Mortgage \| 1-4 family owner occupied - jumbo
Loans [Abstract]
Loans	878,761	875,551
Mortgage \| 1-4 family owner occupied - non-jumbo
Loans [Abstract]
Loans	289,562	299,142
Mortgage \| 1-4 family non-owner occupied
Loans [Abstract]
Loans	172,293	176,950
Mortgage \| 1-4 family - 2nd lien
Loans [Abstract]
Loans	157,597	133,947
Mortgage \| Resort lending
Loans [Abstract]
Loans	26,608	31,136
Installment
Loans [Abstract]
Loans	537,907	584,735
Allowance for Credit Losses	(2,639)	(3,040)	$ (4,126)	$ (4,290)
Installment \| Boat lending
Loans [Abstract]
Loans	272,512	264,341
Installment \| Recreational vehicle lending
Loans [Abstract]
Loans	191,857	224,537
Installment \| Other
Loans [Abstract]
Loans	$ 73,538	$ 95,857

REGULATORY MATTERS - Capital Amounts and Ratios (Details) $ in Thousands	Dec. 31, 2025 USD ($)	Dec. 31, 2024 USD ($)
Tier 1 capital to average assets
Capital conservation buffer	0.0250	0.0250
Consolidated
Total capital to risk-weighted assets
Actual	$ 621,506	$ 622,444
Actual, ratio	0.1359	0.1422
Minimum for Adequately Capitalized Institutions	$ 365,958	$ 350,113
Minimum for adequately capitalized institutions, ratio	0.0800	0.0800
Tier 1 capital to risk-weighted assets
Actual	$ 564,180	$ 527,616
Actual, ratio	0.1233	0.1206
Minimum for Adequately Capitalized Institutions	$ 274,468	$ 262,585
Minimum for adequately capitalized institutions, ratio	0.0600	0.0600
Common equity tier 1 capital to risk-weighted assets
Actual	$ 525,540	$ 489,044
Actual, ratio	0.1149	0.1117
Minimum for Adequately Capitalized Institutions	$ 205,851	$ 196,939
Minimum for adequately capitalized institutions, ratio	0.0450	0.0450
Tier 1 capital to average assets
Banking regulation, tier 1 leverage capital, actual	$ 564,180	$ 527,616
Actual, ratio	0.1027	0.0985
Minimum for Adequately Capitalized Institutions	$ 219,663	$ 214,332
Minimum for adequately capitalized institutions, ratio	0.0400	0.0400
Independent Bank
Total capital to risk-weighted assets
Actual	$ 570,750	$ 567,254
Actual, ratio	0.1249	0.1299
Minimum for Adequately Capitalized Institutions	$ 365,463	$ 349,335
Minimum for adequately capitalized institutions, ratio	0.0800	0.0800
Minimum for Well-Capitalized Institutions	$ 456,829	$ 436,668
Minimum for well-capitalized institutions, ratio	0.1000	0.1000
Tier 1 capital to risk-weighted assets
Actual	$ 513,500	$ 512,546
Actual, ratio	0.1124	0.1174
Minimum for Adequately Capitalized Institutions	$ 274,098	$ 262,001
Minimum for adequately capitalized institutions, ratio	0.0600	0.0600
Minimum for Well-Capitalized Institutions	$ 365,463	$ 349,335
Minimum for well-capitalized institutions, ratio	0.0800	0.0800
Common equity tier 1 capital to risk-weighted assets
Actual	$ 513,500	$ 512,546
Actual, ratio	0.1124	0.1174
Minimum for Adequately Capitalized Institutions	$ 205,573	$ 196,501
Minimum for adequately capitalized institutions, ratio	0.0450	0.0450
Minimum for Well-Capitalized Institutions	$ 296,939	$ 283,834
Minimum for well-capitalized institutions, ratio	0.0650	0.0650
Tier 1 capital to average assets
Banking regulation, tier 1 leverage capital, actual	$ 513,500	$ 512,546
Actual, ratio	0.0936	0.0958
Minimum for Adequately Capitalized Institutions	$ 219,422	$ 214,112
Minimum for adequately capitalized institutions, ratio	0.0400	0.0400
Minimum for Well-Capitalized Institutions	$ 274,278	$ 267,640
Minimum for well-capitalized institutions, ratio	0.0500	0.0500

INDEPENDENT BANK CORPORATION (PARENT COMPANY ONLY) FINANCIAL INFORMATION

12 Months Ended

Dec. 31, 2025

Condensed Financial Information Disclosure [Abstract]

INDEPENDENT BANK CORPORATION (PARENT COMPANY ONLY) FINANCIAL INFORMATION

Presented below are condensed financial statements for our parent company.

CONDENSED STATEMENTS OF FINANCIAL CONDITION


	December 31,
	2025		2024
	(In thousands)
ASSETS
Cash and due from banks	$	46,731	$	9,901
Interest bearing deposits - time	—		40,000
Investment in subsidiaries	492,936		484,887
Accrued income and other assets	25,072		8,830
Total Assets	$	564,739	$	543,618

LIABILITIES AND SHAREHOLDERS’ EQUITY
Subordinated debt	$	—	$	39,586
Subordinated debentures	39,864		39,796
Accrued expenses and other liabilities	20,746		8,520
Shareholders’ equity	504,129		455,716
Total Liabilities and Shareholders’ Equity	$	564,739	$	543,618

CONDENSED STATEMENTS OF OPERATIONS


	Year Ended December 31,
	2025		2024		2023
	(In thousands)
OPERATING INCOME
Dividends from subsidiary	$	76,500	$	25,000	$	24,000
Interest income	1,356		1,746		1,317
Other income	87		99		96
Total Operating Income	77,943		26,845		25,413

OPERATING EXPENSES
Interest expense	5,396		5,818		5,726
Administrative and other expenses	1,144		1,073		1,134
Total Operating Expenses	6,540		6,891		6,860
Income Before Income Tax and Equity in Undistributed Net Income of Subsidiaries	71,403		19,954		18,553
Income tax benefit	(1,492)		(1,112)		(1,215)
Income Before Equity in Undistributed Net Income of Subsidiaries	72,895		21,066		19,768
Equity in undistributed net income of subsidiaries	(4,354)		45,724		39,299
Net Income	$	68,541	$	66,790	$	59,067

CONDENSED STATEMENTS OF CASH FLOWS


	Year Ended December 31,
	2025		2024		2023
	(In thousands)
Net Income	$	68,541	$	66,790	$	59,067
ADJUSTMENTS TO RECONCILE NET INCOME TO NET CASH FROM OPERATING ACTIVITIES
Deferred income tax expense (benefit)	13		72		(56)
Share based compensation	66		61		91
Accretion of discount on subordinated debt and debentures	482		144		145
(Increase) decrease in accrued income and other assets	(16,255)		(4,483)		1,857
Increase (decrease) in accrued expenses and other liabilities	12,334		5,334		(2,862)
Equity in undistributed net income of subsidiaries	4,354		(45,724)		(39,299)
Total Adjustments	994		(44,596)		(40,124)
Net Cash From Operating Activities	69,535		22,194		18,943

CASH FLOW USED IN INVESTING ACTIVITIES
Purchases of interest bearing deposits - time	(115,000)		(145,000)		(80,000)
Maturity of interest bearing deposits - time	155,000		145,000		80,000
Net Cash Used In Investing Activities	40,000		—		—

CASH FLOW USED IN FINANCING ACTIVITIES
Extinguishment of subordinated debt	(40,000)		—		—
Dividends paid	(21,600)		(20,045)		(19,327)
Proceeds from issuance of common stock	2,543		2,284		2,208
Share based compensation withholding obligation	(1,215)		(1,051)		(650)
Repurchase of common stock	(12,433)		—		(5,157)
Net Cash Used In Financing Activities	(72,705)		(18,812)		(22,926)
Net Increase (Decrease) in Cash and Cash Equivalents	36,830		3,382		(3,983)
Cash and Cash Equivalents at Beginning of Year	9,901		6,519		10,502
Cash and Cash Equivalents at End of Year	$	46,731	$	9,901	$	6,519

ACCOUNTING POLICIES - Bank Owned Life Insurance (Details)	Dec. 31, 2025 employee
Bank Owned Life Insurance [Abstract]
Number of lives of group flexible premium non-participating variable life insurance contract	250

REGULATORY MATTERS (Tables)

12 Months Ended

Dec. 31, 2025

Regulatory Matters [Abstract]

Schedule of Actual Capital Amounts and Ratios

Our actual capital amounts and ratios at December 31 follow(1):


	Actual				Minimum for Adequately Capitalized Institutions				Minimum for Well-Capitalized Institutions
	Amount		Ratio		Amount		Ratio		Amount		Ratio
	(Dollars in thousands)
2025
Total capital to risk-weighted assets
Consolidated	$	621,506	13.59	%	$	365,958	8.00	%	NA		NA
Independent Bank	570,750		12.49		365,463		8.00		$	456,829	10.00	%

Tier 1 capital to risk-weighted assets
Consolidated	$	564,180	12.33	%	$	274,468	6.00	%	NA		NA
Independent Bank	513,500		11.24		274,098		6.00		$	365,463	8.00	%

Common equity tier 1 capital to risk-weighted assets
Consolidated	$	525,540	11.49	%	$	205,851	4.50	%	NA		NA
Independent Bank	513,500		11.24		205,573		4.50		$	296,939	6.50	%

Tier 1 capital to average assets
Consolidated	$	564,180	10.27	%	$	219,663	4.00	%	NA		NA
Independent Bank	513,500		9.36		219,422		4.00		$	274,278	5.00	%

2024
Total capital to risk-weighted assets
Consolidated	$	622,444	14.22	%	$	350,113	8.00	%	NA		NA
Independent Bank	567,254		12.99		349,335		8.00		$	436,668	10.00	%

Tier 1 capital to risk-weighted assets
Consolidated	$	527,616	12.06	%	$	262,585	6.00	%	NA		NA
Independent Bank	512,546		11.74		262,001		6.00		$	349,335	8.00	%

Common equity tier 1 capital to risk-weighted assets
Consolidated	$	489,044	11.17	%	$	196,939	4.50	%	NA		NA
Independent Bank	512,546		11.74		196,501		4.50		$	283,834	6.50	%

Tier 1 capital to average assets
Consolidated	$	527,616	9.85	%	$	214,332	4.00	%	NA		NA
Independent Bank	512,546		9.58		214,112		4.00		$	267,640	5.00	%

_______________________________


(1)			These ratios do not reflect a capital conservation buffer of 2.50% at December 31, 2025 and 2024.

NA - Not applicable

Schedule of Components Of Regulatory Capital

The components of our regulatory capital are as follows:


	Consolidated				Independent Bank
	December 31,				December 31,
	2025		2024		2025		2024
	(In thousands)
Total shareholders’ equity	$	502,951	$	454,686	$	490,911	$	478,188
Add (deduct)
Accumulated other comprehensive loss for regulatory purposes	51,890		64,146		51,890		64,146
Goodwill and other intangibles	(29,301)		(29,788)		(29,301)		(29,788)
Common equity tier 1 capital	525,540		489,044		513,500		512,546
Qualifying trust preferred securities	38,640		38,572		—		—
Tier 1 capital	564,180		527,616		513,500		512,546
Subordinated debt	—		40,000		—		—
Allowance for credit losses and allowance for unfunded lending commitments limited to 1.25% of total risk-weighted assets	57,326		54,828		57,250		54,708
Total risk-based capital	$	621,506	$	622,444	$	570,750	$	567,254

OTHER BORROWINGS - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Federal Home Loan Banks [Abstract]
Unused borrowing capacity with FHLB	$ 750,000
Interest expense, federal home loan bank and federal reserve bank advances, long-term	$ 800	$ 2,000	$ 2,400
FHLB stock as a percentage of outstanding advances	4.50%
Available for sale and loans, pledged to secure other borrowings	$ 2,860,000
Federal Home Loan Bank, Advances, Fixed Rate
Federal Home Loan Banks [Abstract]
FHLB, advances, fixed rate, terminated		50,000
Federal reserve bank advances
Federal Home Loan Banks [Abstract]
FRB	0	0
Average borrowings	100	200	4,500
Unused borrowing capacity	1,240,000
Interest expense	$ 4	$ 13	$ 188
Minimum
Federal Home Loan Banks [Abstract]
Federal home loan bank, advances, interest rate	125.00%
FHLB stock as a percentage of unpaid principal balance	0.10%
Maximum
Federal Home Loan Banks [Abstract]
Federal home loan bank, advances, interest rate	165.00%

ACCOUNTING POLICIES - Loan Revenue Recognition (Details)	12 Months Ended
	Dec. 31, 2025 payment
Loan Revenue Recognition [Abstract]
Number of days past due	90 days
Number of consecutive payments for mortgage loans missed	4

COMMITMENTS AND CONTINGENT LIABILITIES (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Commitments to extend credit
Off-Balance Sheet Risks [Abstract]
Fixed Rate	$ 154,519	$ 135,449
Variable Rate	922,192	816,850
Standby letters of credit
Off-Balance Sheet Risks [Abstract]
Fixed Rate	20	715
Variable Rate	$ 13,786	$ 12,312

LOANS - Allowance for Credit Losses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 59,379	$ 54,658	$ 52,435
Additions (deductions)
Provision for credit losses	5,676	5,618	3,221
Recoveries credited to allowance	2,262	2,711	2,798
Loans charged against the allowance	(3,872)	(3,608)	(3,796)
Balance at end of period	63,445	59,379	54,658
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance for Credit Losses Amount	$ 63,445	$ 59,379	54,658
Percent of Loans to Total Portfolio Loans	100.00%	100.00%
Commercial
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 22,872	$ 16,724	13,817
Additions (deductions)
Provision for credit losses	6,138	5,903	3,430
Recoveries credited to allowance	80	249	531
Loans charged against the allowance	(78)	(4)	(1,054)
Balance at end of period	29,012	22,872	16,724
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance for Credit Losses Amount	$ 29,012	$ 22,872	16,724
Percent of Loans to Total Portfolio Loans	51.80%	48.00%
Mortgage
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 22,317	$ 21,386	21,633
Additions (deductions)
Provision for credit losses	(1,559)	922	(445)
Recoveries credited to allowance	289	309	352
Loans charged against the allowance	(133)	(300)	(154)
Balance at end of period	20,914	22,317	21,386
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance for Credit Losses Amount	$ 20,914	$ 22,317	21,386
Percent of Loans to Total Portfolio Loans	35.70%	37.50%
Installment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 3,040	$ 4,126	4,290
Additions (deductions)
Provision for credit losses	1,367	65	509
Recoveries credited to allowance	1,893	2,153	1,915
Loans charged against the allowance	(3,661)	(3,304)	(2,588)
Balance at end of period	2,639	3,040	4,126
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance for Credit Losses Amount	$ 2,639	$ 3,040	4,126
Percent of Loans to Total Portfolio Loans	12.60%	14.50%
Subjective Allocation
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Balance at beginning of period	$ 11,150	$ 12,422	12,695
Additions (deductions)
Provision for credit losses	(270)	(1,272)	(273)
Recoveries credited to allowance	0	0	0
Loans charged against the allowance	0	0	0
Balance at end of period	10,880	11,150	12,422
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]
Allowance for Credit Losses Amount	$ 10,880	$ 11,150	$ 12,422
Percent of Loans to Total Portfolio Loans	0.00%	0.00%

SHARE BASED COMPENSATION AND BENEFIT PLANS - Options Exercised During the Periods (Details) - Share-Based Payment Arrangement, Option - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Intrinsic value	$ 64	$ 99	$ 352
Cash proceeds received	0	12	198
Tax benefit realized	$ 13	$ 21	$ 74

GOODWILL AND OTHER INTANGIBLES - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible amortization expense	$ 0.5	$ 0.5	$ 0.5

- Definition

The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 45
-Paragraph 28
-Subparagraph (b)
-SubTopic 10
-Topic 230
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482740/230-10-45-28

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 220
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-Name Accounting Standards Codification
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-Paragraph 18
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-Name Accounting Standards Codification
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Reference 6: http://www.xbrl.org/2003/role/exampleRef
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-Section 50
-Paragraph 2
-Subparagraph (a)(2)
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-Section 50
-Paragraph 6
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476148/220-40-50-6

+ Details

LEASES - Lease Cost (Details) - USD ($) $ in Thousands	12 Months Ended
LEASES - Lease Cost (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Lease, Cost [Abstract]
Operating lease cost	$ 1,408	$ 1,385	$ 1,436
Variable lease cost	15	44	97
Short-term lease cost	75	91	94
Total	$ 1,498	$ 1,520	$ 1,627

PROPERTY AND EQUIPMENT - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Depreciation	$ 4,993	$ 5,188	$ 5,183

ACCUMULATED OTHER COMPREHENSIVE LOSS - Summary of Changes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Changes in AOCIL [Roll Forward]
Balances at beginning of period	$ 454,686	$ 404,449	$ 347,596
Other comprehensive income (loss) before reclassifications	10,295	781	20,101
Amounts reclassified from AOCL	1,961	1,417	520
Other comprehensive income	12,256	2,198	20,621
Balances at end of period	502,951	454,686	404,449
Accumulated Other Comprehensive Loss
Changes in AOCIL [Roll Forward]
Balances at beginning of period	(69,944)	(72,142)	(92,763)
Other comprehensive income	12,256	2,198	20,621
Balances at end of period	(57,688)	(69,944)	(72,142)
Unrealized Losses on Securities AFS
Changes in AOCIL [Roll Forward]
Balances at beginning of period	(49,301)	(51,113)	(68,742)
Other comprehensive income (loss) before reclassifications	8,754	1,474	17,454
Amounts reclassified from AOCL	293	338	175
Other comprehensive income	9,047	1,812	17,629
Balances at end of period	(40,254)	(49,301)	(51,113)
Unrealized Losses on Securities Transferred to Securities HTM
Changes in AOCIL [Roll Forward]
Balances at beginning of period	(12,775)	(15,408)	(18,223)
Other comprehensive income (loss) before reclassifications	2,519	2,633	2,815
Amounts reclassified from AOCL	0	0	0
Other comprehensive income	2,519	2,633	2,815
Balances at end of period	(10,256)	(12,775)	(15,408)
Dispropor- tionate Tax Effects from Securities AFS
Changes in AOCIL [Roll Forward]
Balances at beginning of period	(5,798)	(5,798)	(5,798)
Other comprehensive income (loss) before reclassifications	0	0	0
Amounts reclassified from AOCL	0	0	0
Other comprehensive income	0	0	0
Balances at end of period	(5,798)	(5,798)	(5,798)
Unrealized Gains (Losses) on Derivative Instruments
Changes in AOCIL [Roll Forward]
Balances at beginning of period	(2,070)	177	0
Other comprehensive income (loss) before reclassifications	(978)	(3,326)	(168)
Amounts reclassified from AOCL	1,668	1,079	345
Other comprehensive income	690	(2,247)	177
Balances at end of period	$ (1,380)	$ (2,070)	$ 177

OTHER BORROWINGS - FHLB Advances (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Total FHLB advances, rate	3.69%	4.48%
Total FHLB advances	$ 77,000	$ 45,000
Federal Home Loan Bank, Advances, Fixed Rate
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Advances, year five, amount	$ 2,000
Advances, year five, rate	0.00%
Advances, year six, amount		0
Total fixed rate advances, amount	$ 2,000	0
Total FHLB advances, rate	0.00%
Federal Home Loan Bank, Advances, Variable Rate
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Advances year one, amount	$ 75,000	$ 45,000
Advances year one, rate	3.79%	4.48%
Advances year two, amount		$ 0
Advances year two, rate		0.00%
Total variable rate advances, amount	$ 75,000	$ 45,000
Total FHLB advances, rate	3.79%

SHAREHOLDERS’ EQUITY AND NET INCOME PER COMMON SHARE

12 Months Ended

Dec. 31, 2025

Stockholders' Equity Note [Abstract]

SHAREHOLDERS’ EQUITY AND NET INCOME PER COMMON SHARE

Our Board of Directors authorized share repurchase plans to buy back up to 5% of our outstanding common stock during 2025, 2024 and 2023. During 2025 and 2023 repurchases were made through open market transactions and totaled 407,113 and 298,601 shares of common stock, respectively for an aggregate purchase price of $12.4 million and $5.2 million, respectively. There were no shares of common stock repurchased pursuant to this authorization during 2024.

A reconciliation of basic and diluted net income per common share for the years ended December 31 follows:


	2025		2024		2023
	(In thousands, except per share amounts)
Net income	$	68,541	$	66,790	$	59,067

Weighted average shares outstanding (1)	20,758		20,892		20,976
Stock units for deferred compensation plan for non-employee directors	175		180		160
Performance share units	28		31		23
Effect of stock options	2		3		11
Weighted average shares outstanding for calculation of diluted earnings per share	20,963		21,106		21,170

Net income per common share
Basic (1)	$	3.30	$	3.20	$	2.82
Diluted	$	3.27	$	3.16	$	2.79

_________________________________________


(1)			Basic net income per common share includes weighted average common shares outstanding during the period.

Weighted average stock options outstanding that were not considered in computing diluted net income per common share because they were anti-dilutive were zero for each year ended 2025, 2024 and 2023, respectively.

- Definition

The entire disclosure for equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8A
-Publisher FASB
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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-Topic 505
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+ Details

INCOME TAX - Composition of Income Tax Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Current expense	$ 16,281	$ 17,504	$ 14,394
Deferred expense (benefit)	(3,531)	(1,248)	215
Income tax expense	$ 12,750	$ 16,256	$ 14,609

- Definition

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
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+ Details

LOANS - Aging Analysis of Loans by Class (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Aging Analysis of Loans By Class [Abstract]
Loans	$ 4,276,285	$ 4,038,825
Accrued interest excluded from total	13,952	13,461
Financial Asset, Past Due
Aging Analysis of Loans By Class [Abstract]
Loans	37,380	12,899
Accrued interest excluded from total	115	109
30-59 days
Aging Analysis of Loans By Class [Abstract]
Loans	3,798	6,339
Accrued interest excluded from total	37	65
60-89 days
Aging Analysis of Loans By Class [Abstract]
Loans	25,148	3,035
Accrued interest excluded from total	78	44
90+ and Still Accruing
Aging Analysis of Loans By Class [Abstract]
Loans	8,434	3,525
Accrued interest excluded from total	0	0
Loans not Past Due
Aging Analysis of Loans By Class [Abstract]
Loans	4,238,905	4,025,926
Accrued interest excluded from total	13,837	13,352
Commercial
Aging Analysis of Loans By Class [Abstract]
Loans	2,213,557	1,937,364
Accrued interest excluded from total	6,901	6,496
Commercial \| Commercial and industrial
Aging Analysis of Loans By Class [Abstract]
Loans	1,158,841	1,001,329
Accrued interest excluded from total	3,551	3,310
Commercial \| Commercial and industrial \| Financial Asset, Past Due
Aging Analysis of Loans By Class [Abstract]
Loans	0	132
Commercial \| Commercial and industrial \| 30-59 days
Aging Analysis of Loans By Class [Abstract]
Loans	0	78
Commercial \| Commercial and industrial \| 60-89 days
Aging Analysis of Loans By Class [Abstract]
Loans	0	0
Commercial \| Commercial and industrial \| 90+ and Still Accruing
Aging Analysis of Loans By Class [Abstract]
Loans	0	54
Commercial \| Commercial and industrial \| Loans not Past Due
Aging Analysis of Loans By Class [Abstract]
Loans	1,158,841	1,001,197
Commercial \| Commercial real estate
Aging Analysis of Loans By Class [Abstract]
Loans	1,054,716	936,035
Accrued interest excluded from total	3,350	3,186
Commercial \| Commercial real estate \| Financial Asset, Past Due
Aging Analysis of Loans By Class [Abstract]
Loans	26,888	0
Commercial \| Commercial real estate \| 30-59 days
Aging Analysis of Loans By Class [Abstract]
Loans	0	0
Commercial \| Commercial real estate \| 60-89 days
Aging Analysis of Loans By Class [Abstract]
Loans	22,988	0
Commercial \| Commercial real estate \| 90+ and Still Accruing
Aging Analysis of Loans By Class [Abstract]
Loans	3,900	0
Commercial \| Commercial real estate \| Loans not Past Due
Aging Analysis of Loans By Class [Abstract]
Loans	1,027,828	936,035
Mortgage
Aging Analysis of Loans By Class [Abstract]
Loans	1,524,821	1,516,726
Accrued interest excluded from total	5,503	5,357
Mortgage \| 1-4 family owner occupied - jumbo
Aging Analysis of Loans By Class [Abstract]
Loans	878,761	875,551
Accrued interest excluded from total	2,675	2,520
Mortgage \| 1-4 family owner occupied - jumbo \| Financial Asset, Past Due
Aging Analysis of Loans By Class [Abstract]
Loans	3,540	2,899
Mortgage \| 1-4 family owner occupied - jumbo \| 30-59 days
Aging Analysis of Loans By Class [Abstract]
Loans	716	755
Mortgage \| 1-4 family owner occupied - jumbo \| 60-89 days
Aging Analysis of Loans By Class [Abstract]
Loans	660	664
Mortgage \| 1-4 family owner occupied - jumbo \| 90+ and Still Accruing
Aging Analysis of Loans By Class [Abstract]
Loans	2,164	1,480
Mortgage \| 1-4 family owner occupied - jumbo \| Loans not Past Due
Aging Analysis of Loans By Class [Abstract]
Loans	875,221	872,652
Mortgage \| 1-4 family owner occupied - non-jumbo
Aging Analysis of Loans By Class [Abstract]
Loans	289,562	299,142
Accrued interest excluded from total	1,153	1,160
Mortgage \| 1-4 family owner occupied - non-jumbo \| Financial Asset, Past Due
Aging Analysis of Loans By Class [Abstract]
Loans	3,439	6,249
Mortgage \| 1-4 family owner occupied - non-jumbo \| 30-59 days
Aging Analysis of Loans By Class [Abstract]
Loans	1,381	3,395
Mortgage \| 1-4 family owner occupied - non-jumbo \| 60-89 days
Aging Analysis of Loans By Class [Abstract]
Loans	757	1,653
Mortgage \| 1-4 family owner occupied - non-jumbo \| 90+ and Still Accruing
Aging Analysis of Loans By Class [Abstract]
Loans	1,301	1,201
Mortgage \| 1-4 family owner occupied - non-jumbo \| Loans not Past Due
Aging Analysis of Loans By Class [Abstract]
Loans	286,123	292,893
Mortgage \| 1-4 family non-owner occupied
Aging Analysis of Loans By Class [Abstract]
Loans	172,293	176,950
Accrued interest excluded from total	654	680
Mortgage \| 1-4 family non-owner occupied \| Financial Asset, Past Due
Aging Analysis of Loans By Class [Abstract]
Loans	170	329
Mortgage \| 1-4 family non-owner occupied \| 30-59 days
Aging Analysis of Loans By Class [Abstract]
Loans	119	329
Mortgage \| 1-4 family non-owner occupied \| 60-89 days
Aging Analysis of Loans By Class [Abstract]
Loans	29	0
Mortgage \| 1-4 family non-owner occupied \| 90+ and Still Accruing
Aging Analysis of Loans By Class [Abstract]
Loans	22	0
Mortgage \| 1-4 family non-owner occupied \| Loans not Past Due
Aging Analysis of Loans By Class [Abstract]
Loans	172,123	176,621
Mortgage \| 1-4 family - 2nd lien
Aging Analysis of Loans By Class [Abstract]
Loans	157,597	133,947
Accrued interest excluded from total	899	846
Mortgage \| 1-4 family - 2nd lien \| Financial Asset, Past Due
Aging Analysis of Loans By Class [Abstract]
Loans	965	1,059
Mortgage \| 1-4 family - 2nd lien \| 30-59 days
Aging Analysis of Loans By Class [Abstract]
Loans	270	648
Mortgage \| 1-4 family - 2nd lien \| 60-89 days
Aging Analysis of Loans By Class [Abstract]
Loans	235	66
Mortgage \| 1-4 family - 2nd lien \| 90+ and Still Accruing
Aging Analysis of Loans By Class [Abstract]
Loans	460	345
Mortgage \| 1-4 family - 2nd lien \| Loans not Past Due
Aging Analysis of Loans By Class [Abstract]
Loans	156,632	132,888
Mortgage \| Resort lending
Aging Analysis of Loans By Class [Abstract]
Loans	26,608	31,136
Accrued interest excluded from total	122	151
Mortgage \| Resort lending \| Financial Asset, Past Due
Aging Analysis of Loans By Class [Abstract]
Loans	57	143
Mortgage \| Resort lending \| 30-59 days
Aging Analysis of Loans By Class [Abstract]
Loans	0	0
Mortgage \| Resort lending \| 60-89 days
Aging Analysis of Loans By Class [Abstract]
Loans	0	0
Mortgage \| Resort lending \| 90+ and Still Accruing
Aging Analysis of Loans By Class [Abstract]
Loans	57	143
Mortgage \| Resort lending \| Loans not Past Due
Aging Analysis of Loans By Class [Abstract]
Loans	26,551	30,993
Installment
Aging Analysis of Loans By Class [Abstract]
Loans	537,907	584,735
Accrued interest excluded from total	1,548	1,608
Installment \| Boat lending
Aging Analysis of Loans By Class [Abstract]
Loans	272,512	264,341
Accrued interest excluded from total	778	736
Installment \| Boat lending \| Financial Asset, Past Due
Aging Analysis of Loans By Class [Abstract]
Loans	729	467
Installment \| Boat lending \| 30-59 days
Aging Analysis of Loans By Class [Abstract]
Loans	287	281
Installment \| Boat lending \| 60-89 days
Aging Analysis of Loans By Class [Abstract]
Loans	200	99
Installment \| Boat lending \| 90+ and Still Accruing
Aging Analysis of Loans By Class [Abstract]
Loans	242	87
Installment \| Boat lending \| Loans not Past Due
Aging Analysis of Loans By Class [Abstract]
Loans	271,783	263,874
Installment \| Recreational vehicle lending
Aging Analysis of Loans By Class [Abstract]
Loans	191,857	224,537
Accrued interest excluded from total	496	576
Installment \| Recreational vehicle lending \| Financial Asset, Past Due
Aging Analysis of Loans By Class [Abstract]
Loans	985	1,207
Installment \| Recreational vehicle lending \| 30-59 days
Aging Analysis of Loans By Class [Abstract]
Loans	550	622
Installment \| Recreational vehicle lending \| 60-89 days
Aging Analysis of Loans By Class [Abstract]
Loans	205	395
Installment \| Recreational vehicle lending \| 90+ and Still Accruing
Aging Analysis of Loans By Class [Abstract]
Loans	230	190
Installment \| Recreational vehicle lending \| Loans not Past Due
Aging Analysis of Loans By Class [Abstract]
Loans	190,872	223,330
Installment \| Other
Aging Analysis of Loans By Class [Abstract]
Loans	73,538	95,857
Accrued interest excluded from total	274	296
Installment \| Other \| Financial Asset, Past Due
Aging Analysis of Loans By Class [Abstract]
Loans	607	414
Installment \| Other \| 30-59 days
Aging Analysis of Loans By Class [Abstract]
Loans	475	231
Installment \| Other \| 60-89 days
Aging Analysis of Loans By Class [Abstract]
Loans	74	158
Installment \| Other \| 90+ and Still Accruing
Aging Analysis of Loans By Class [Abstract]
Loans	58	25
Installment \| Other \| Loans not Past Due
Aging Analysis of Loans By Class [Abstract]
Loans	$ 72,931	$ 95,443

SECURITIES - Held to Maturity, Credit Quality (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	$ 309,523	$ 339,436
Private label mortgage-backed
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	7,294	7,350
Obligations of states and political subdivisions
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	149,915	156,305
Corporate
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	32,276	45,964
Trust preferred
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	958	954
AAA
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	24,651	42,323
AAA \| Private label mortgage-backed
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	7,294	7,350
AAA \| Obligations of states and political subdivisions
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	17,357	34,973
AAA \| Corporate
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	0	0
AAA \| Trust preferred
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	0	0
AA
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	116,264	101,112
AA \| Private label mortgage-backed
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	0	0
AA \| Obligations of states and political subdivisions
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	116,264	101,112
AA \| Corporate
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	0	0
AA \| Trust preferred
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	0	0
A
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	6,240	8,478
A \| Private label mortgage-backed
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	0	0
A \| Obligations of states and political subdivisions
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	2,740	3,473
A \| Corporate
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	3,500	5,005
A \| Trust preferred
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	0	0
BBB
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	24,255	36,697
BBB \| Private label mortgage-backed
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	0	0
BBB \| Obligations of states and political subdivisions
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	441	652
BBB \| Corporate
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	23,814	36,045
BBB \| Trust preferred
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	0	0
BB
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	1,983	1,963
BB \| Private label mortgage-backed
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	0	0
BB \| Obligations of states and political subdivisions
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	0	0
BB \| Corporate
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	1,983	1,963
BB \| Trust preferred
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	0	0
Non-rated
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	17,050	20,000
Non-rated \| Private label mortgage-backed
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	0	0
Non-rated \| Obligations of states and political subdivisions
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	13,113	16,095
Non-rated \| Corporate
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	2,979	2,951
Non-rated \| Trust preferred
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	958	954
Credit Rated and Non-rated Securities HTM
Debt Securities, Held-to-Maturity, Fair Value to Amortized Cost, after Allowance for Credit Loss [Abstract]
Carrying value	$ 190,443	$ 210,573

FAIR VALUE DISCLOSURES - Quantitative Information About Level 3 (Details)	Dec. 31, 2025 USD ($)	Dec. 31, 2024 USD ($)
Mortgage and Installment \| Collateral Other Than Real Estate
Asset Fair Value
Loans receivable, fair value disclosure	$ 370,000	$ 290,000
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Recurring Basis \| Mortgage Loan Servicing, net
Asset Fair Value
Servicing asset fair value	$ 31,493,000	$ 46,796,000
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Recurring Basis \| Present value of net servicing revenue \| Float rate \| Mortgage Loan Servicing, net
Range and Weighted Average
Servicing asset	0.0375	0.0433
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Recurring Basis \| Minimum \| Present value of net servicing revenue \| Discount rate \| Mortgage Loan Servicing, net
Range and Weighted Average
Servicing asset	0.0950	0.1000
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Recurring Basis \| Minimum \| Present value of net servicing revenue \| Cost to service \| Mortgage Loan Servicing, net
Range and Weighted Average
Servicing asset	69	70
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Recurring Basis \| Minimum \| Present value of net servicing revenue \| Ancillary income \| Mortgage Loan Servicing, net
Range and Weighted Average
Servicing asset	20	20
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Recurring Basis \| Minimum \| Present value of net servicing revenue \| Prepayment rate \| Mortgage Loan Servicing, net
Range and Weighted Average
Servicing asset	0.0539	0.0540
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Recurring Basis \| Maximum \| Present value of net servicing revenue \| Discount rate \| Mortgage Loan Servicing, net
Range and Weighted Average
Servicing asset	0.1865	0.1915
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Recurring Basis \| Maximum \| Present value of net servicing revenue \| Cost to service \| Mortgage Loan Servicing, net
Range and Weighted Average
Servicing asset	817	817
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Recurring Basis \| Maximum \| Present value of net servicing revenue \| Ancillary income \| Mortgage Loan Servicing, net
Range and Weighted Average
Servicing asset	30	30
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Recurring Basis \| Maximum \| Present value of net servicing revenue \| Prepayment rate \| Mortgage Loan Servicing, net
Range and Weighted Average
Servicing asset	0.3962	0.2828
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Recurring Basis \| Weighted Average \| Present value of net servicing revenue \| Discount rate \| Mortgage Loan Servicing, net
Range and Weighted Average
Servicing asset	0.0994	0.1037
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Recurring Basis \| Weighted Average \| Present value of net servicing revenue \| Cost to service \| Mortgage Loan Servicing, net
Range and Weighted Average
Servicing asset	80	79
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Recurring Basis \| Weighted Average \| Present value of net servicing revenue \| Ancillary income \| Mortgage Loan Servicing, net
Range and Weighted Average
Servicing asset	20	20
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Recurring Basis \| Weighted Average \| Present value of net servicing revenue \| Float rate \| Mortgage Loan Servicing, net
Range and Weighted Average
Servicing asset	0.0375	0.0433
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Recurring Basis \| Weighted Average \| Present value of net servicing revenue \| Prepayment rate \| Mortgage Loan Servicing, net
Range and Weighted Average
Servicing asset	0.0960	0.0754
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Non-recurring Basis: \| Weighted Average \| Sales comparison approach \| Comparability adjustment \| Collateral Dependent Loans, Commercial
Range and Weighted Average
Impaired loans	0.002	(0.014)
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Non-recurring Basis: \| Commercial \| Income approach \| Collateral Dependent Loans, Commercial \| Loan Receivable 1
Asset Fair Value
Loans receivable, fair value disclosure	$ 9,826,000
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Non-recurring Basis: \| Commercial \| Sales comparison approach \| Collateral Dependent Loans, Commercial
Asset Fair Value
Loans receivable, fair value disclosure
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Non-recurring Basis: \| Commercial \| Sales comparison approach \| Collateral Dependent Loans, Commercial \| Loan Receivable 2
Asset Fair Value
Loans receivable, fair value disclosure	648,000
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Non-recurring Basis: \| Commercial \| Discounted cash flow \| Collateral Dependent Loans, Commercial
Asset Fair Value
Loans receivable, fair value disclosure	$ 7,010,000	$ 4,337,000
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Non-recurring Basis: \| Commercial \| Minimum \| Income approach \| Discount rate \| Collateral Dependent Loans, Commercial \| Loan Receivable 1
Range and Weighted Average
Impaired loans	0.090
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Non-recurring Basis: \| Commercial \| Minimum \| Sales comparison approach \| Comparability adjustment \| Collateral Dependent Loans, Commercial
Range and Weighted Average
Impaired loans		(0.200)
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Non-recurring Basis: \| Commercial \| Minimum \| Sales comparison approach \| Comparability adjustment \| Collateral Dependent Loans, Commercial \| Loan Receivable 1
Range and Weighted Average
Impaired loans	(0.500)
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Non-recurring Basis: \| Commercial \| Minimum \| Sales comparison approach \| Comparability adjustment \| Collateral Dependent Loans, Commercial \| Loan Receivable 2
Range and Weighted Average
Impaired loans	(0.180)
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Non-recurring Basis: \| Commercial \| Minimum \| Discounted cash flow \| Discount rate \| Collateral Dependent Loans, Commercial
Range and Weighted Average
Impaired loans	0.400
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Non-recurring Basis: \| Commercial \| Minimum \| Discounted cash flow \| Comparability adjustment \| Collateral Dependent Loans, Commercial
Range and Weighted Average
Impaired loans		0.450
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Non-recurring Basis: \| Commercial \| Maximum \| Income approach \| Discount rate \| Collateral Dependent Loans, Commercial \| Loan Receivable 1
Range and Weighted Average
Impaired loans	0.160
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Non-recurring Basis: \| Commercial \| Maximum \| Sales comparison approach \| Comparability adjustment \| Collateral Dependent Loans, Commercial
Range and Weighted Average
Impaired loans		0.350
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Non-recurring Basis: \| Commercial \| Maximum \| Sales comparison approach \| Comparability adjustment \| Collateral Dependent Loans, Commercial \| Loan Receivable 1
Range and Weighted Average
Impaired loans	0.150
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Non-recurring Basis: \| Commercial \| Maximum \| Sales comparison approach \| Comparability adjustment \| Collateral Dependent Loans, Commercial \| Loan Receivable 2
Range and Weighted Average
Impaired loans	0.650
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Non-recurring Basis: \| Commercial \| Maximum \| Discounted cash flow \| Discount rate \| Collateral Dependent Loans, Commercial
Range and Weighted Average
Impaired loans	0.650
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Non-recurring Basis: \| Commercial \| Maximum \| Discounted cash flow \| Comparability adjustment \| Collateral Dependent Loans, Commercial
Range and Weighted Average
Impaired loans		0.550
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Non-recurring Basis: \| Commercial \| Weighted Average \| Income approach \| Discount rate \| Collateral Dependent Loans, Commercial \| Loan Receivable 1
Range and Weighted Average
Impaired loans	0.135
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Non-recurring Basis: \| Commercial \| Weighted Average \| Sales comparison approach \| Comparability adjustment \| Collateral Dependent Loans, Commercial \| Loan Receivable 1
Range and Weighted Average
Impaired loans	(0.006)
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Non-recurring Basis: \| Commercial \| Weighted Average \| Sales comparison approach \| Comparability adjustment \| Collateral Dependent Loans, Commercial \| Loan Receivable 2
Range and Weighted Average
Impaired loans	0.087
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Non-recurring Basis: \| Commercial \| Weighted Average \| Discounted cash flow \| Discount rate \| Collateral Dependent Loans, Commercial
Range and Weighted Average
Impaired loans	0.472
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Non-recurring Basis: \| Commercial \| Weighted Average \| Discounted cash flow \| Comparability adjustment \| Collateral Dependent Loans, Commercial
Range and Weighted Average
Impaired loans		0.505
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Non-recurring Basis: \| Mortgage and Installment \| Sales comparison approach \| Collateral Dependent Loans, Commercial
Asset Fair Value
Loans receivable, fair value disclosure	$ 1,094,000	$ 1,176,000
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Non-recurring Basis: \| Mortgage and Installment \| Minimum \| Sales comparison approach \| Comparability adjustment \| Collateral Dependent Loans, Commercial
Range and Weighted Average
Impaired loans	(0.177)	(0.220)
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Non-recurring Basis: \| Mortgage and Installment \| Maximum \| Sales comparison approach \| Comparability adjustment \| Collateral Dependent Loans, Commercial
Range and Weighted Average
Impaired loans	0.169	0.217
Significant Un- observable Inputs (Level 3) \| Measured at Fair Value on a Non-recurring Basis: \| Mortgage and Installment \| Weighted Average \| Sales comparison approach \| Comparability adjustment \| Collateral Dependent Loans, Commercial
Range and Weighted Average
Impaired loans		(0.004)