South Plains Financial (SPFI) 10-K 7 Mar 25 2024 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Mar. 05, 2025	Jun. 30, 2024
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Period End Date	Dec. 31, 2024
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	FY
Document Transition Report	false
Entity File Number	001-38895
Entity Registrant Name	South Plains Financial, Inc.
Entity Central Index Key	0001163668
Entity Incorporation, State or Country Code	TX
Entity Tax Identification Number	75-2453320
Entity Address, Address Line One	5219 City Bank Parkway
Entity Address, City or Town	Lubbock
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	79407
City Area Code	806
Local Phone Number	792-7101
Title of 12(b) Security	Common Stock, par value $1.00 per share
Trading Symbol	SPFI
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]	true
Document Financial Statement Restatement Recovery Analysis [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 328.6
Entity Common Stock, Shares Outstanding		16,485,647
Auditor Firm ID	686
Auditor Name	Forvis Mazars, LLP
Auditor Location	Houston, Texas

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
ASSETS
Cash and due from banks	$ 54,114	$ 62,821
Interest-bearing deposits in banks	304,968	267,337
Cash and cash equivalents	359,082	330,158
Securities available for sale	577,240	622,762
Loans held for sale ($13,791 and $6,615 at fair value at December 31, 2024 and 2023, respectively)	20,542	14,499
Loans held for investment	3,055,054	3,014,153
Allowance for credit losses on loans	(43,237)	(42,356)
Loans held for investment, net	3,011,817	2,971,797
Accrued interest receivable	21,687	20,881
Premises and equipment, net	52,951	55,070
Bank-owned life insurance	76,054	74,504
Goodwill	19,315	19,315
Intangible assets, net	1,720	2,429
Mortgage servicing rights	26,292	26,569
Deferred tax asset, net	22,840	19,413
Other assets	42,699	47,396
Total assets	4,232,239	4,204,793
Deposits:
Noninterest-bearing	935,510	974,201
Interest-bearing	2,685,366	2,651,952
Total deposits	3,620,876	3,626,153
Accrued expenses and other liabilities	62,060	61,358
Subordinated debt	63,961	63,775
Junior subordinated deferrable interest debentures	46,393	46,393
Total liabilities	3,793,290	3,797,679
Stockholders' equity:
Common stock, $1 par value per share, 30,000,000 shares authorized; 16,455,826 and 16,417,099 issued and outstanding at December 31, 2024 and 2023, respectively	16,456	16,417
Additional paid-in capital	97,287	97,107
Retained earnings	385,827	345,264
Accumulated other comprehensive loss	(60,621)	(51,674)
Total stockholders' equity	438,949	407,114
Total liabilities and stockholders' equity	$ 4,232,239	$ 4,204,793

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
ASSETS
Loans held for sale, fair value	$ 13,791	$ 6,615
Stockholders' equity:
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	30,000,000	30,000,000
Common stock, shares issued (in shares)	16,455,826	16,417,099

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Interest income:
Loans, including fees	$ 202,270	$ 176,598	$ 137,954
Securities:
Taxable	21,090	21,590	15,010
Non-taxable	3,220	3,872	4,529
Federal funds sold and interest-bearing deposits in banks	14,319	9,973	3,675
Total interest income	240,899	212,033	161,168
Interest expense:
Deposits	87,081	64,987	17,002
Notes payable & other borrowings	0	5	0
Subordinated debt	3,339	4,018	4,050
Junior subordinated deferrable interest debentures	3,381	3,276	1,640
Total interest expense	93,801	72,286	22,692
Net interest income	147,098	139,747	138,476
Provision for credit losses	4,300	4,610	(2,619)
Net interest income, after provision for credit losses	142,798	135,137	141,095
Noninterest income:
Service charges on deposit accounts	8,026	7,130	6,829
Income from insurance activities	123	1,515	10,826
Net gain on sales of loans	10,524	11,027	20,764
Bank card services and interchange fees	13,640	13,323	12,946
Other mortgage banking income (loss)	3,662	2,790	10,606
Investment commissions	1,704	1,698	1,825
Fiduciary fees	2,719	2,433	2,390
Gain on sale of subsidiary	0	33,778	0
Other	7,674	5,532	9,959
Total noninterest income	48,072	79,226	76,145
Noninterest expense:
Salaries and employee benefits	74,338	79,377	86,323
Occupancy and equipment, net	16,105	16,102	15,987
Professional services	6,583	6,433	9,740
Marketing and development	3,782	3,453	3,614
IT and data services	4,286	3,410	3,780
Bank card expenses	5,873	5,557	5,376
Appraisal expenses	953	1,087	1,747
Realized loss on sale of securities	0	3,409	0
Other	15,658	16,118	17,522
Total noninterest expense	127,578	134,946	144,089
Income before income taxes	63,292	79,417	73,151
Income tax expense	13,575	16,672	14,911
Net income	$ 49,717	$ 62,745	$ 58,240
Earnings per share:
Basic (in dollars per share)	$ 3.03	$ 3.73	$ 3.35
Diluted (in dollars per share)	$ 2.92	$ 3.62	$ 3.23
Net income	$ 49,717	$ 62,745	$ 58,240
Other comprehensive income (loss):
Unrealized gains (losses) on securities available for sale	(9,706)	17,282	(114,367)
Less: Change in fair value on hedged state and municipal securities	(1,619)	(3,686)	14,607
Reclassification adjustment for loss on sale of securities	0	3,409	0
Tax effect	2,378	(3,571)	20,950
Other comprehensive income (loss)	(8,947)	13,434	(78,810)
Comprehensive income (loss)	$ 40,770	$ 76,179	$ (20,570)

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total	Cumulative Effect, Period of Adoption, Adjustment [Member] Common Stock [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Additional Paid-in Capital [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Retained Earnings [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Accumulated Other Comprehensive Income (Loss) [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance at Dec. 31, 2021	$ 17,760	$ 133,215	$ 242,750	$ 13,702	$ 407,427
Balance (in shares) at Dec. 31, 2021	17,760,243
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	58,240	0	58,240
Cash dividends declared	0	0	(8,012)	0	(8,012)
Other comprehensive income (loss)	0	0	0	(78,810)	(78,810)
Issuance of stock related to stock-based awards, net of shares for cashless exercise and net of shares for taxes	$ 127	(1,295)	0	0	(1,168)
Issuance of stock related to stock-based awards, net of shares for cashless exercise and net of shares for taxes (in shares)	126,756
Repurchases of common stock	$ (860)	(21,839)	0	0	(22,699)
Repurchases of common stock (in shares)	(859,802)
Stock-based compensation	$ 0	2,753	0	0	2,753
Balance at Dec. 31, 2022	$ 17,027	112,834	292,261	(65,108)	357,014
Balance (Topic 842 Related to Leases [Member]) at Dec. 31, 2022						$ 0	$ 0	$ (717)	$ 0	$ (717)
Balance (in shares) at Dec. 31, 2022	17,027,197
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	62,745	0	62,745
Cash dividends declared	0	0	(8,745)	0	(8,745)
Other comprehensive income (loss)	0	0	0	13,434	13,434
Issuance of stock related to stock-based awards, net of shares for cashless exercise and net of shares for taxes	$ 76	(807)	0	0	(731)
Issuance of stock related to stock-based awards, net of shares for cashless exercise and net of shares for taxes (in shares)	75,540
Repurchases of common stock	$ (686)	(17,077)	0	0	(17,763)
Repurchases of common stock (in shares)	(685,638)
Stock-based compensation	$ 0	2,157	0	0	2,157
Balance at Dec. 31, 2023	$ 16,417	97,107	345,264	(51,674)	407,114
Balance (Topic 842 Related to Leases [Member]) at Dec. 31, 2023						$ 0	$ 0	$ (997)	$ 0	$ (997)
Balance (in shares) at Dec. 31, 2023	16,417,099
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 0	0	49,717	0	49,717
Cash dividends declared	0	0	(9,154)	0	(9,154)
Other comprehensive income (loss)	0	0	0	(8,947)	(8,947)
Issuance of stock related to stock-based awards, net of shares for cashless exercise and net of shares for taxes	$ 93	(852)	0	0	(759)
Issuance of stock related to stock-based awards, net of shares for cashless exercise and net of shares for taxes (in shares)	92,526
Repurchases of common stock	$ (54)	(1,286)	0	0	(1,340)
Repurchases of common stock (in shares)	(53,799)
Stock-based compensation	$ 0	2,318	0	0	2,318
Balance at Dec. 31, 2024	$ 16,456	$ 97,287	$ 385,827	$ (60,621)	$ 438,949
Balance (in shares) at Dec. 31, 2024	16,455,826

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY [Abstract]
Cash dividends, common (in dollars per share)	$ 0.56	$ 0.52	$ 0.46
Issuance of stock related to stock-based awards, shares for cashless exercise (in shares)	45,972	52,631	1,417,462
Issuance of stock related to stock-based awards, shares withheld to cover tax withholdings (in shares)	22,516	27,262	42,386

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Cash flows from operating activities:
Net income	$ 49,717	$ 62,745	$ 58,240
Adjustments to reconcile net income to net cash from operating activities:
Provision for credit losses	4,300	4,610	(2,619)
Provision for foreclosed asset losses	108	142	0
Depreciation and amortization	6,510	6,412	6,965
Accretion and amortization	2,844	3,381	4,072
Other gains, net	(216)	(275)	(166)
Gain on sale of subsidiary	0	(33,778)	0
Loss on sale of securities	0	3,409	0
Net gain on sales of loans	(10,524)	(11,027)	(20,764)
Proceeds from sales of loans held for sale	296,163	347,583	662,294
Loans originated for sale	(292,640)	(322,122)	(598,495)
Deferred income tax expense (benefit)	(1,049)	99	1,359
Earnings on bank-owned life insurance	(1,550)	(1,330)	(1,196)
Stock-based compensation	2,318	2,157	2,753
Change in valuation of mortgage servicing rights	1,235	2,375	(4,705)
Net change in:
Accrued interest receivable and other assets	1,423	(8,502)	(1,067)
Accrued expenses and other liabilities	742	2,660	16,919
Net cash provided by operating activities	59,381	58,539	123,590
Activity in securities available for sale:
Purchases	(304,783)	(199,898)	(176,713)
Sales	0	52,828	0
Maturities, prepayments, and calls	337,941	240,106	81,253
Loan originations and principal collections, net	(46,287)	(270,196)	(311,459)
Purchases of premises and equipment	(3,354)	(4,681)	(4,469)
Proceeds from sales of premises and equipment	380	968	480
Proceeds from sale of subsidiary	0	36,080	0
Proceeds from sales of foreclosed assets	2,176	1,417	2,051
Net cash used in investing activities	(13,927)	(143,376)	(408,857)
Cash flows from financing activities:
Net change in deposits	(5,277)	219,723	65,208
Payments to tax authorities for stock-based compensation	(759)	(731)	(1,168)
Payments made on subordinated debt	0	(12,372)	0
Cash dividends paid on common stock	(9,154)	(8,745)	(8,012)
Payments to repurchase common stock	(1,340)	(17,763)	(22,699)
Net cash provided by (used in) financing activities	(16,530)	180,112	33,329
Net change in cash and cash equivalents	28,924	95,275	(251,938)
Beginning cash and cash equivalents	330,158	234,883	486,821
Ending cash and cash equivalents	359,082	330,158	234,883
Supplemental disclosures of cash flow information:
Interest paid on deposits and borrowed funds	92,750	70,065	21,770
Income taxes paid	12,535	19,388	13,835
Supplemental schedule of noncash activities:
Loans transferred to foreclosed assets	1,927	2,130	764
Premises and equipment transferred to foreclosed assets	0	172	0
Additions to mortgage servicing rights	$ 958	$ 1,470	$ 3,069

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2024
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	1 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations – South Plains Financial, Inc. (“SPFI”) is a Texas corporation and registered bank holding company that conducts its principal activities through its subsidiaries from offices located throughout Texas and Eastern New Mexico. Principal activities include commercial and retail banking, along with investment, trust, and mortgage services. The following were subsidiaries of SPFI as of December 31, 2024: Wholly-Owned, Consolidated Subsidiaries: City Bank Bank subsidiary Ruidoso Retail, Inc. Non-bank subsidiary CB Provence, LLC Non-bank subsidiary CBT Brushy Creek, LLC Non-bank subsidiary CBT Properties, LLC Non-bank subsidiary Wholly-Owned, Equity Method Subsidiaries: South Plains Financial Capital Trusts (“SPFCT”) III-V Non-bank subsidiaries On April 1, 2023, SPFI entered into a Securities Purchase Agreement (“Agreement”) with Alliant Insurance Services, Inc. (“Alliant”), providing for the sale of Windmark Insurance Agency, Inc. (“Windmark”), City Bank’s wholly-owned subsidiary, through a sale of all of the outstanding shares of capital stock of Windmark to Alliant. The transaction was consummated on April 1, 2023. Pursuant to the terms and subject to the conditions of the Agreement, SPFI received an aggregate purchase price of $36.1 million in exchange for Windmark’s common shares, representing a pre-tax gain of $33.8 million. This transaction did not meet the criteria for discontinued operations reporting. Basis of Presentation and Consolidation – The consolidated financial statements include the accounts of SPFI and its wholly-owned consolidated subsidiaries (collectively referred to as the “Company”) identified above. All significant intercompany balances and transactions have been eliminated in consolidation. The Company’s consolidated financial statements are prepared and presented in accordance with generally accepted accounting principles (“GAAP”) in the U.S. Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Use of Estimates – The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Determination of the adequacy of the allowance for credit losses (“ACL”) is a material estimate that is particularly susceptible to significant change in the near term; the assumptions used in stock-based compensation, derivatives, mortgage servicing rights, Accounting Changes and Recent Accounting Pronouncements – Updates to the FASB ASC are prescribed in Accounting Standards Updates (“ASUs”), which are not authoritative until incorporated into the ASC. ASU 2016-13 Financial Instruments - Credit Losses (Topic 326). The FASB issued guidance to replace the incurred loss model with an expected loss model, which is referred to as the current expected credit loss (“CECL”) model. The CECL model is applicable to the measurement of credit losses on financial assets measured at amortized cost, including loan receivables and held to maturity debt securities. The CECL model also applies to off-balance sheet credit exposures not accounted for as insurance (loan commitments, standby letters of credit, financial guarantees, and other similar instruments) and net investments in sales type and direct financing leases recognized by a lessor in accordance with Topic 842 on leases. In addition, Topic 326 made changes to the accounting for securities available for sale. One such change is to require credit losses to be presented as an allowance rather than as a write-down on securities available for sale management does not intend to sell or believes that it is more likely than not they will be required to sell. The Company adopted the CECL model effective January 1, 2023 using the modified retrospective approach. As a result, the Company recognized a one-time, after tax cumulative effect adjustment of $997 thousand that reduced retained earnings, increased the ACL for loans by approximately $100 thousand and increased the ACL for off-balance sheet credit exposures by approximately $1.2 million. The Company made the following policy elections related to the adoption of the CECL model. First, accrued interest will be written off against interest income when financial assets are placed into nonaccrual status. Therefore, accrued interest will be excluded from the amortized cost basis for purposes of calculating the ACL. Accrued interest receivable is presented in a separate line item in the Consolidated Balance Sheets. Second, the fair value of collateral practical expedient has been elected on certain loans in determining the ACL, for which the repayment is expected to be provided substantially through the operation or sale of the collateral when the borrower is experiencing financial difficulty. The impact on the ACL resulting from the adoption of the CECL model is shown below. (Dollars in thousands) January 1, 2023 Pre-Adoption Impact of Adoption Post-Adoption Commercial real estate $ 13,029 $ 827 $ 13,856 Commercial – specialized 3,425 33 3,458 Commercial - general 9,215 (2,574 ) 6,641 Consumer: 1-4 family residential 6,194 1,700 7,894 Auto loans 3,926 (332 ) 3,594 Other consumer 1,376 (235 ) 1,141 Construction 2,123 683 2,806 Total allowance for credit losses on loans $ 39,288 $ 102 $ 39,390 Allowance for credit losses for off-balance sheet exposures $ 580 $ 1,160 $ 1,740 ASU 2022-02 Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures. This ASU eliminates guidance for troubled debt restructurings by creditors and enhances disclosure requirements for certain loan modifications by creditors for borrowers experiencing financial distress. This ASU defines types of modifications as principal forgiveness, interest rate reduction, other than insignificant payment delays, or a term extension. In addition, the ASU requires disclosure of current-period gross charge-offs, by year of origination, in the vintage disclosure. The Company adopted the provisions of ASU 2022-02 as of January 1, 2023 on a prospective basis. The adoption of this amendment did not have a material impact on the consolidated financial statements. ASU 2022-06, Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848 . ASU 2022-06 extended the period of time preparers can utilize the reference rate reform relief guidance provided by ASU 2020-04 and ASU 2021-01. ASU 2022-06, which was effective upon issuance, deferred the sunset date of this prior guidance from December 31, 2022 to December 31, 2024, after which entities will no longer be permitted to apply the relief guidance in Topic 848. The adoption of ASU 2022-06 did not significantly impact the consolidated financial statements and the Company has fully transitioned all products tied to LIBOR. ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. The amendments in this Update require public entities to disclose information about reportable segments’ significant expenses on an interim and annual basis. This update is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. The adoption of ASU 2023-07 did not have a material effect on the Company’s consolidated financial statements. ASU 2023-06, Disclosure Improvements: Codification Amendments in Response to the SEC’s Disclosure Update and Simplification Initiative. The amendments in this Update modify the disclosure or presentation requirements of a variety of Topics in the Codification. Certain of the amendments represent clarifications to, or technical corrections of the current requirements. Each amendment in the ASU will only become effective if the SEC removes the related disclosure or presentation requirement from its existing regulations by June 30, 2027. The amendments in this ASU are not expected to have a material impact on the results of operations or financial position. ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. The amendments in this Update are intended to improve the transparency of income tax disclosures by requiring consistent categories and greater disaggregation of information in the rate reconciliation and income taxes paid disaggregated by jurisdiction. It also includes certain other amendments intended to improve the effectiveness of income tax disclosures. This update is effective for fiscal years beginning after December 15, 2024. The adoption of ASU 2023-09 is not expected to have a material effect on the Company’s consolidated financial statements. ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses. ASU 2024-03 requires public companies to disclose, in the notes to the financial statements, specific information about certain costs and expenses at each interim and annual reporting period. This includes disclosing amounts related to employee compensation, depreciation, and intangible asset amortization. In addition, public companies will need to provide qualitative description of the amounts remaining in relevant expense captions that are not separately disaggregated quantitatively. ASU 2024-03 is effective for public business entities for annual reporting periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027. Implementation of ASU 2024-03 may be applied prospectively or retrospectively. The Company does not expect the adoption of ASU 2024-03 to have a material impact on its consolidated financial statements. Concentration of Credit Risk – The bank subsidiary is primarily involved in real estate, commercial, agricultural, and consumer lending activities with customers throughout Texas and Eastern New Mexico. Although the bank subsidiary has a diversified portfolio, its debtors’ ability to honor their contracts is substantially dependent upon the general economic conditions of the region which consist primarily of agribusiness, wholesale/retail, oil and gas and related business, healthcare industries, and institutions of higher education. Comprehensive Income – C o Cash and Cash Equivalents – The Company includes all cash on hand, balances due from other banks, and federal funds sold, all of which have original maturities within three months, as cash and cash equivalents in the accompanying consolidated financial statements. On March 15, 2020, the Federal Reserve Bank announced that it had reduced regulatory reserve requirements to zero percent effective on March 26, 2020; therefore, no cash is required to be maintained to satisfy regulatory reserve requirements. Securities – Investment securities may be classified into trading, held to maturity (“HTM”) or available for sale (“AFS”) portfolios. Securities that are held principally for resale in the near term are classified as trading. Securities that management has the ability and positive intent to hold to maturity are classified as HTM and recorded at amortized cost. Securities not classified as trading or HTM are AFS and are carried at fair value with unrealized gains and losses reported as a component of OCI, net of tax. Gains and losses on sales are recorded on the trade date, are derived from the amortized cost of the security sold and are determined using the specific identification method. A security is placed on nonaccrual status if principal or interest has been in default for a period of 90 days or more, or if full payment of principal and interest is not expected. The Company has made a policy election to exclude accrued interest receivable from the amortized cost basis of AFS securities and report the accrued interest in accrued interest receivable in the Consolidated Balance Sheets. Interest accrued but not received for a security placed on nonaccrual status is reversed against interest income. ACL (AFS Securities) – For AFS securities in an unrealized loss position, the Company first assesses whether it intends to sell, or it is more likely than not that it 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 income. For AFS securities that do not meet the aforementioned criteria, the Company evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, management considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by rating agency, and adverse conditions specifically related to the security, among other factors. If this assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to 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, a credit loss exists and an ACL is recorded for the credit loss, limited by the amount that the fair value is less than the amortized cost basis. Any impairment that has not been recorded through an ACL is recognized in OCI. Changes in the ACL are recorded as provision for credit losses. Losses are charged against the allowance when management believes the uncollectibility of an AFS security is confirmed or when either of the criteria regarding intent or requirement to sell is met. Accrued interest is excluded from the estimate of credit losses. Nonmarketable Equity Securities – Small Business Investment Company (“SBIC”) investments are equity interests in limited partnerships. The SBIC investments do not have readily determinable fair values and are recorded under the equity method of accounting Loans – Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are reported at their amortized cost. Amortized cost is the outstanding unpaid principal balances, net of any unearned income, charge-offs, unamortized deferred fees and costs on originated loans, and unamortized premiums or discounts on purchased loans. The Company has made a policy election to exclude accrued interest from the amortized cost basis of loans and report accrued interest separately from the related loan balance in accrued interest receivable on the Consolidated Balance Sheets. Accrued interest receivable is excluded from the estimate of credit losses. Loans are placed on nonaccrual status when, in management’s opinion, collection of interest is unlikely, which typically occurs when principal or interest payments are more than ninety days past due. When interest accrual is discontinued, all unpaid accrued interest is reversed against interest income. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. ACL (Loans) – The ACL is a valuation account established by management as an estimate to cover expected credit losses through a provision for credit losses charged to earnings. Credit losses on loans are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. Expected losses are calculated using comparable and quantifiable information from both internal and external sources about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. Expected credit losses are estimated over the contractual term of the loans and adjusted for expected prepayments. The ACL is evaluated on a quarterly basis by management. The Company applied a dual credit risk rating (“DCRR”) methodology that estimates each loan’s probability of default and loss given default to calculate the expected credit loss to non-analyzed loans. The DCRR process quantifies the expected credit loss at the loan level for the entire loan portfolio. Loan grades are assigned by a customized scorecard that risk rates each loan based on multiple probability of default and loss given default elements to measure the credit risk of the loan portfolio. The ACL estimate incorporates the Company’s DCRR loan level risk rating methodology and the expected default rate frequency term structure to derive loan level life of loan estimates of credit losses for every loan in the portfolio. The estimated credit loss for each loan is adjusted based on its one-year through the cycle estimate of expected credit loss to a life of loan measurement that reflects current conditions and reasonable and supportable forecasts. The life of loan expected loss is determined using the contractual weighted average life of the loan adjusted for prepayments. Prepayment speeds are determined by grouping the loans into pools based on segments and risk rating. After the life of loan expected losses are determined, they are adjusted to reflect the Company’s reasonable and supportable economic forecast over a selected range of one While management uses available information to recognize credit losses on loans, further reductions in the carrying amounts of loans may be necessary based on various factors. In addition, regulatory agencies, as an integral part of their examination process, periodically review the estimated credit losses on loans. Such agencies may require the bank subsidiary to recognize additional credit losses based on their judgments about information available to them at the time of their examination. Because of these factors, it is reasonably possible that the estimated credit losses on loans may change materially in the near term. However, the amount of the change that is reasonably possible cannot be estimated. Loans that exhibit characteristics different from their pool characteristics are evaluated on an individual basis. Loans evaluated individually are not included in the collective ACL evaluation. When management determines that foreclosure is probable, or if certain of these loans are considered to be collateral dependent with the borrower experiencing financial difficulty, the Company elects the fair value of collateral practical expedient, whereby the allowance is calculated as the amount by which the amortized cost exceeds the fair value of collateral, less estimated costs to sell. ACL (Off-Balance Sheet Credit Exposures) Acquired Loans – Loans that the Company acquires in connection with business combinations are recorded at fair value with no carryover of the acquired entity’s related ACL. The fair value of the acquired loans involves estimating the amount and timing of principal and interest cash flows expected to be collected on the loans and discounting those cash flows at a market rate of interest, adjusted for estimated prepayments and credit losses. In accordance with Topic 326, the fair value adjustment is recorded as premium or discount to the unpaid principal balance of each acquired loan. In addition, the Company also records an ACL on each acquired loan. Any acquired loans the Company determines have evidence of a more than insignificant deterioration in credit quality since origination, are considered to be purchase credit deteriorated (“PCD”) loans. The Company evaluates acquired loans for deterioration in credit quality based on any of, but not limited to, the following: (i) non-accrual status; (ii) risk rating, (iii) watchlist credits; and (iv) delinquency status. An ACL is determined using the same methodology as other individually evaluated loans. The sum of the PCD loan’s purchase price and ACL becomes its initial amortized cost basis. The difference between the initial amortized cost basis and the par value of the loan is a non-credit discount or premium, which is amortized into interest income over the life of the loan. Subsequent changes to the ACL are recorded through provision for credit losses. Mortgage Servicing Rights – When mortgage loans are sold with servicing retained, servicing rights are initially recorded at fair value with the income statement effect recorded in net gain on sale of loans. Fair value is based on market prices for comparable mortgage servicing contracts, when available, or alternatively, is based on a valuation model that calculates present value of estimated future servicing income. Under the fair value measurement method, the Company measures servicing rights at fair value at each reporting date and reports changes in the fair value of servicing rights in earnings in the period in which the changes occur, and are included with Other mortgage banking income in the consolidated financial statements. Servicing fee income, which is reported in the consolidated financial statements Other mortgage banking income 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 the Company, the transferee obtains the right to pledge or exchange the transferred assets, and the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before maturity. Loans Held for Sale – Loans held for sale are comprised of residential mortgage loans. Loans that are originated for best efforts delivery are carried at the lower of aggregate cost or fair value as determined by aggregate outstanding commitments from investors or current investor yield requirements. All other loans held for sale are carried at fair value under the fair value option Premises and Equipment – Land is carried at cost. Buildings and equipment are carried at cost, less accumulated depreciation computed on the straight-line method. Buildings and improvements are depreciated on a useful life up to 40 years. Furniture and equipment are depreciated on a useful life between 3 to 10 years. Foreclosed Assets – Assets acquired through, or in lieu of, loan foreclosure or repossession are held for sale and are initially recorded at fair value less estimated selling costs when acquired, establishing Bank-Owned Life Insurance – The bank subsidiary has purchased life insurance policies on various officers and also is the beneficiary. These policies are issued by third party insurance companies. Assets are carried at the cash surrender value and changes in the cash surrender values are recognized in other noninterest income in the accompanyi ng consolidated financial statements Goodwill and Other Intangible Assets – Goodwill resulting from business combinations 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 is not amortized, but is tested for impairment on October 31 of each year or more frequently if events and circumstances exist that indicate that an impairment test should be performed. There was no impairment recorded for the years ended December 31, 2024, 2023 and 2022. Core deposit intangible (“CDI”) is a measure of the value of checking and savings deposit relationships acquired in a business combination. The fair value of the CDI stemming from any given business combination is based on the present value of the expected cost savings attributable to the core deposit funding relative to an alternative source of funding. CDI is amortized over the estimated useful lives of the existing deposit relationships acquired, but does not exceed 10 years. Substantially all CDI is amortized using the sum of the years’ digits method. Mortgage Banking Derivatives – Commitments to fund mortgage loans (interest rate locks) to be sold into the secondary market, forward commitments for the future delivery of these mortgage loans, and forward sales of mortgage-backed securities are accounted for as free-standing derivatives. At the time of the interest rate lock, the Company determines whether the loan will be sold through a best efforts contract or a mandatory delivery contract. These mortgage banking derivatives are not designated in hedge relationships. In order to hedge the change in interest rates resulting from the commitments to fund the loans that will be sold through a best efforts contract, the Company enters into forward loans sales commitments for the future delivery of mortgage loans when interest rate locks are entered. At inception, these interest rate locks and the related forward loan sales commitments, adjusted for the expected exercise of the commitment before the loan is funded, are recorded with a zero value. Subsequent changes in fair value are estimated based on changes in mortgage interest rates from the date the interest rate on the loan is locked. In order to hedge the change in interest rates resulting from all other mortgage commitments to fund loans, the Company enters into forward sales of mortgage-backed securities contracts. At inception, these interest rate locks are recorded at fair value and are adjusted for the expected exercise of the commitment before the loan is funded. Subsequent changes in fair value are estimated based on changes in mortgage interest rates from the date the interest rate on the loan is locked. Changes in the fair values of these derivatives are included in net gain on sales of loans in the consolidated financial statements Derivatives – At the inception of a derivative contract, the Company designates the derivative as one of three types based on the Company’s intentions 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 (“stand-alone derivative”). 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 current earnings as fair values change. For a cash flow hedge, the gain or loss on the derivative is reported in OCI and is reclassified into earnings in the same periods during which the hedged transaction affects earnings. For both types of hedges, changes in the fair value of derivatives that are not highly effective in hedging the changes in fair value or expected cash flows of the hedged item are recognized immediately in current earnings. Changes in the fair value of derivatives that do not qualify for hedge accounting are reported currently in earnings, as noninterest income. Net cash settlements on derivatives that qualify for hedge accounting are recorded in interest income or interest expense, based on the item being hedged. Net cash settlements on derivatives that do not qualify for hedge accounting are reported in noninterest income. Cash flows on hedges are classified in the cash flow statement the same as the cash flows of the items being hedged. The Company formally documents 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 balance sheet or to specific firm commitments or forecasted transactions. The Company also formally assesses, both at the hedge’s inception and on an ongoing basis, whether the derivative instruments that are used are highly effective in offsetting changes in fair values or cash flows of the hedged items. The Company discontinues hedge accounting when it determines 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 as noninterest income. 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 OCI are amortized into earnings over the same periods which the hedged transactions will affect earnings. Leases – During the second quarter of 2022, the Company adopted Accounting Standards Update (“ASU”) No. 2016-02 — Leases (Topic 842), effective as of January 1, 2022, using the alternative transition method under the option to apply the lease standard at its effective date without adjusting the prior period comparative financial statements. The Company elected the package of practical expedients to not reassess: (i) whether any existing contracts are or contain a lease, (ii) the lease classification of any existing leases, and (iii) initial direct costs related to existing leases. The Company also elected to apply additional practical expedients to include both the lease and nonlease components of all leases as a single component and account for it as a lease and to use hindsight for leases existing at the adoption date. The Company recorded a $9.4 million right-of-use (“ROU”) asset, offset by a $10.3 million lease liability, and a $717 thousand, net of tax, cumulative effect adjustment that reduced retained earnings. Th Company determines if an arrangement is a lease at inception. Operating leases with a term of greater than one year are included in other assets and other liabilities on the Company’s Consolidated Balance Sheets. Finance leases, if any, are included in premises and equipment and other liabilities on the Company’s Consolidated Balance Sheets. The Company has lease agreements with lease and nonlease components, which are generally accounted for as a single lease component. The Company has made an accounting policy election not to recognize short-term lease assets and liabilities (less than a 12-month term) or equipment leases (deemed not significant) on its Consolidated Balance Sheets; instead, the Company recognizes the lease expense for these leases on a straight-line basis over the life of the lease. ROU assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent its obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized on the lease commencement date based on the present value of lease payments over the lease term. As most of the Company’s leases do not provide an implicit rate, the Company uses an estimated incremental collateralized borrowing rate at lease inception, on a collateralized basis, over a similar term, when determining the present value of lease payments. No significant judgments or assumptions were involved in developing the estimated operating lease liabilities as the Company’s operating lease liabilities largely represent the future rental expenses associated with operating leases, and the incremental borrowing rates are based on publicly available interest rates. The operating lease ROU asset also includes any lease payments made and excludes lease incentives. The Company’s lease terms may include options to extend or terminate the lease. These options to extend or terminate are assessed on a lease-by-lease basis, and the ROU assets and lease liabilities are adjusted when it is reasonably certain that an option will be exercised. Rental expense for lease payments is recognized on a straight-line basis over the lease term and is included in occupancy and equipment, net within our Consolidated Statements of Comprehensive Income (Loss). Revenu

SECURITIES

SECURITIES	12 Months Ended
	Dec. 31, 2024
SECURITIES [Abstract]
SECURITIES	2. SECURITIES The amortized cost, related gross unrealized gains and losses, allowance for credit losses, and estimated fair value of securities available for sale at year-end follows (dollars in thousands): Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Allowance for Credit Losses Fair Value December 31 2024 Available for sale: State and municipal $ 199,588 $ 1 $ (26,292 ) $ — $ 173,297 Residential mortgage-backed securities 321,021 — (56,925 ) — 264,096 Commercial mortgage-backed securities 46,601 — (6,241 ) — 40,360 Commercial collateralized mortgage obligations 73,697 — (214 ) — 73,483 Asset-backed and other amortizing securities 16,107 — (1,526 ) — 14,581 Other securities 12,000 — (577 ) — 11,423 $ 669,014 $ 1 $ (91,775 ) $ — $ 577,240 December 31 2023 Available for sale: State and municipal $ 202,814 $ 2 $ (22,241 ) $ — $ 180,575 Residential mortgage-backed securities 351,251 — (50,547 ) — 300,704 Commercial mortgage-backed securities 47,898 — (6,150 ) — 41,748 Commercial collateralized mortgage obligations 72,391 — (461 ) — 71,930 Asset-backed and other amortizing securities 18,476 — (1,436 ) — 17,040 Other securities 12,000 — (1,235 ) — 10,765 $ 704,830 $ 2 $ (82,070 ) $ — $ 622,762 The amortized cost and estimated fair value of securities at December 31, 2024 are presented below by contractual maturity (dollars in thousands). Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations. Declining-balance securities are shown separately since they are not due at a single maturity date. Available for Sale Amortized Cost Fair Value Within 1 year $ 2,919 $ 2,899 After 1 year through 5 years 4,508 4,376 After 5 years through 10 years 20,909 19,548 After 10 years 183,252 157,897 Declining-balance securities 457,426 392,520 $ 669,014 $ 577,240 At December 31, 2024 and 2023, there were no holdings of securities of any one issuer, other than the U.S. government, its agencies, or its sponsored enterprises, in an amount greater than 10% of stockholders’ equity. Securities with a carrying value of approximately $309.0 million and $438.9 million at December 31, 2024 and 2023, respectively, were pledged to collateralize public deposits and for other purposes as required or permitted by law. The Company sold $56.2 million of available for sale securities in the second quarter of 2023. This resulted in realized losses on sale of $3.4 million. The following table segregates securities with unrealized losses at year-end, by the duration they have been in a loss position for which an allowance for credit losses has not been recorded (dollars in thousands): Less than 12 Months 12 Months or More Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss December 31, 2024 State and municipal $ 205 $ 1 $ 171,306 $ 26,291 $ 171,511 $ 26,292 Residential mortgage-backed securities 8 — 264,088 56,925 264,096 56,925 Commercial mortgage-backed securities — — 40,360 6,241 40,360 6,241 Commercial collateralized mortgage obligations 73,483 214 — — 73,483 214 Asset-backed and other amortizing securities — — 14,581 1,526 14,581 1,526 Other securities — — 11,423 577 11,423 577 $ 73,696 $ 215 $ 501,758 $ 91,560 $ 575,454 $ 91,775 December 31, 2023 State and municipal $ 207 $ — $ 177,908 $ 22,241 $ 178,115 $ 22,241 Residential mortgage-backed securities 9 — 300,695 50,547 300,704 50,547 Commercial mortgage-backed securities — — 41,748 6,150 41,748 6,150 Commercial collateralized mortgage obligations — — 71,930 461 71,930 461 Asset-backed and other amortizing securities — — 17,040 1,436 17,040 1,436 Other securities 3,286 214 7,479 1,021 10,765 1,235 $ 3,502 $ 214 $ 616,800 $ 81,856 $ 620,302 $ 82,070 There were 144 securities with an unrealized loss at December 31, 2024, generally due to increases in market rates. Management evaluates AFS securities in unrealized loss positions to determine whether the impairment is due to credit-related factors or non-credit related factors. Consideration is given to the extent to which the fair value is less than cost, the financial condition and near-term prospects of the issuer, and the intent and ability of the Company to retain its investment in the security for a period of time sufficient to allow for the anticipated recovery in fair value. Management does not have the intent to sell any of the securities in an unrealized loss position as there are adequate liquidity sources to meet expected and unexpected funding needs. The fair value of these securities is expected to recover as the securities approach their maturity date or repricing date or if market yields for such investments decline. Accordingly, as of December 31, 2024, management believes the unrealized loss positions detailed in the previous table are due to non-credit related factors, including changes in interest rates and other market conditions, and therefore no ACL or losses have been recognized or realized in the consolidated financial statements.

LOANS HELD FOR INVESTMENT

LOANS HELD FOR INVESTMENT	12 Months Ended
	Dec. 31, 2024
LOANS HELD FOR INVESTMENT [Abstract]
LOANS HELD FOR INVESTMENT	3. LOANS HELD FOR INVESTMENT Loans held for investment are summarized by category at year-end as follows (dollars in thousands): December 31, 2024 December 31, Commercial real estate $ 1,119,063 $ 1,081,056 Commercial - specialized 388,955 372,376 Commercial - general 557,371 517,361 Consumer: 1-4 family residential 566,400 534,731 Auto loans 254,474 305,271 Other consumer 64,936 74,168 Construction 103,855 129,190 3,055,054 3,014,153 Allowance for credit losses on loans (43,237 ) (42,356 ) Loans, net $ 3,011,817 $ 2,971,797 The Company has certain lending policies, underwriting standards, and procedures in place that are designed to maximize loan income with an acceptable level of risk. Management reviews and approves these policies, underwriting standards, and procedures on a regular basis and makes changes as appropriate. Management receives frequent reports related to loan originations, quality, concentrations, delinquencies, non-performing, and potential problem loans. Diversification in the loan portfolio is a means of managing risk associated with fluctuations in economic conditions, both by type of loan and geography. Commercial Real Estate Underwriting standards have been designed to determine whether the borrower possesses sound business ethics and practices, evaluate current and projected cash flows to determine the ability of the borrower to repay their obligations as agreed and ensure appropriate collateral is obtained to secure the loan. Commercial real estate loans are underwritten primarily based on projected cash flows for income-producing properties and collateral values for non-income-producing properties. The repayment of these loans is generally dependent on the successful operation of the property securing the loans or the sale or refinancing of the property. Real estate loans may be adversely affected by conditions in the real estate markets or in the general economy. The properties securing the Company’s real estate portfolio are diversified by type and geographic location. This diversity helps reduce the exposure to adverse economic events that affect any single market or industry. Commercial – General and Specialized – Commercial loans are underwritten after evaluating and understanding the borrower’s ability to operate profitably. Underwriting Performance of these loans is subject to operating and cash flow results of the borrower, with risk in the volatility of operating results for particular industries. Consumer Loans to consumers include 1-4 family residential loans, auto loans, and other loans for recreational vehicles or other purposes. The Company utilizes a computer-based credit scoring analysis to supplement its policies and procedures in underwriting consumer loans. The Company’s loan policy addresses types of consumer loans that may be originated and the collateral, if secured, which must be perfected. The relatively smaller individual dollar amounts of consumer loans that are spread over numerous individual borrowers also minimizes the Company’s risk. The Company generally requires mortgage title insurance and hazard insurance on 1-4 family residential loans. All consumer loans are generally dependent on the risk characteristics of the borrower’s ability to repay the loan, a consideration of the debt to income ratio, employment and income stability, the loan-to-value ratio, and the age, condition and marketability of the collateral. Construction – The commercial real estate and construction categories comprise the Company’s nonowner-occupied real estate loans. Total nonowner-occupied real estate loans were $1.22 billion at December 31, 2024, and $1.21 billion at December 31, 2023. The ACL for loans was $43.2 million at December 31, 2024, compared to $42.4 million at December 31, 2023. The ACL for loans to loans held for investment was 1.42% at December 31, 2024 and 1.41% at December 31, 2023. The following table details the activity in the ACL for the years ended December 31, 2024, 2023, and 2022 (dollars in thousands). Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories. Beginning Balance Provision for Credit Losses (1) Charge-offs Recoveries Ending Balance For the year ended December 31, 2024 Commercial real estate $ 15,808 $ 207 $ (87 ) $ 45 $ 15,973 Commercial - specialized 4,020 540 — 80 4,640 Commercial - general 6,391 1,393 (1,082 ) 172 6,874 Consumer: 1-4 family residential 9,177 669 (175 ) 6 9,677 Auto loans 3,601 465 (1,186 ) 135 3,015 Other consumer 968 1,204 (1,257 ) 200 1,115 Construction 2,391 (138 ) (315 ) 5 1,943 $ 42,356 $ 4,340 $ (4,102 ) $ 643 $ 43,237 (1) The $4.3 million provision for credit loss on the Consolidated Statement of Comprehensive Income (Loss) includes a $4.3 million provision for credit losses on loans and a $(40) thousand provision for off-balance sheet credit exposures for the year ended December 31, 2024. Beginning Balance Impact of CECL Adoption Provision for Credit Losses (1) Charge-offs Recoveries Ending Balance For the year ended December 31, 2023 Commercial real estate $ 13,029 $ 827 $ 1,952 $ — $ — $ 15,808 Commercial - specialized 3,425 33 398 (11 ) 175 4,020 Commercial - general 9,215 (2,574 ) 42 (469 ) 177 6,391 Consumer: 1-4 family residential 6,194 1,700 1,278 (1 ) 6 9,177 Auto loans 3,926 (332 ) 698 (888 ) 197 3,601 Other consumer 1,376 (235 ) 688 (1,140 ) 279 968 Construction 2,123 683 (96 ) (319 ) — 2,391 $ 39,288 $ 102 $ 4,960 $ (2,828 ) $ 834 $ 42,356 (1) The $4.6 million provision for credit loss on the Consolidated Statement of Comprehensive Income (Loss) includes a $5.0 million provision for credit losses on loans and a $(350) thousand provision for off-balance sheet credit exposures for the year ended December 31, 2024. Beginning Balance Provision for Credit Losses Charge-offs Recoveries Ending For the year ended December 31, 2022 Commercial real estate $ 17,245 $ (4,634 ) $ — $ 418 $ 13,029 Commercial - specialized 4,363 (1,745 ) (199 ) 1,006 3,425 Commercial - general 8,466 627 (328 ) 450 9,215 Consumer: 1-4 family residential 5,268 1,026 (140 ) 40 6,194 Auto loans 3,653 637 (508 ) 144 3,926 Other consumer 1,357 932 (1,167 ) 254 1,376 Construction 1,746 538 (166 ) 5 2,123 $ 42,098 $ (2,619 ) $ (2,508 ) $ 2,317 $ 39,288 During the year ended December 31, 2024, the provision for credit losses on loans of $4.3 million was driven primarily by organic loan growth experienced during 2024 and net charge-offs of $3.5 million during the year. The following table shows the Company’s amortized cost in loans and related ACL for collateral dependent loans by class using the fair value of collateral loss estimation methodology of evaluating expected credit losses at the dates indicated (dollars in thousands). Equipment Real Estate Accounts Receivable Total Loans Individually Evaluated Total ACL for Individually Evaluated Loans December 31, 2024 Commercial real estate $ — $ 19,543 $ — $ 19,543 $ 552 Commercial - specialized — — — — — Commercial - general — — — — — Consumer: 1-4 family residential — — — — — Auto loans — — — — — Other consumer — — — — — Construction — 1,575 — 1,575 — $ — $ 21,118 $ — $ 21,118 $ 552 December 31, 2023 Commercial real estate $ — $ — $ — $ — $ — Commercial - specialized — — — — — Commercial - general 353 691 — 1,044 142 Consumer: 1-4 family residential — 362 — 362 — Auto loans — — — — — Other consumer — — — — — Construction — 218 — 218 — $ 353 $ 1,271 $ — $ 1,624 $ 142 The table below provides an age analysis on accruing past-due loans and nonaccrual loans at the dates indicated (dollars in thousands): 30-89 Days Past Due 90 Days or More Past Due Total Nonaccrual Nonaccrual with no ACL December 31, 2024 Commercial real estate $ 594 $ 96 $ 19,543 $ — Commercial - specialized 1,770 240 105 — Commercial - general 1,374 244 180 — Consumer: 1-4 Family residential 1,966 1,042 676 — Auto loans 1,004 114 — — Other consumer 1,125 185 23 — Construction 95 — 1,575 1,575 $ 7,928 $ 1,921 $ 22,102 $ 1,575 December 31, 2023 Commercial real estate $ 499 $ 86 $ — $ — Commercial - specialized 521 — 213 — Commercial - general 1,316 296 953 — Consumer: 1-4 Family residential 793 1,390 1,828 362 Auto loans 1,208 60 — — Other consumer 1,134 103 30 — Construction 759 — 218 218 $ 6,230 $ 1,935 $ 3,242 $ 580 Credit Quality Indicators The Company grades its loans on a thirteen-point grading scale. These grades fit in one of the following categories: (i) pass, (ii) special mention, (iii) substandard, (iv) doubtful, or (v) loss. Loans categorized as loss are charged-off immediately. The grading of loans reflects a judgment by the Company about the risks of default associated with the loan. The Company reviews the grades on loans as part of the Company’s on-going monitoring of the credit quality of the loan portfolio. These risk ratings are assigned based on relevant information about the ability of the borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. Pass loans have financial factors or nature of collateral that are considered reasonable credit risks in the normal course of lending and encompass several grades that are assigned based on varying levels of risk, ranging from credits that are secured by cash or marketable securities, to watch credits which have all the characteristics of an acceptable credit risk but warrant more than the normal level of monitoring. Special mention loans have potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of repayment prospects for the loans at some future date. Substandard loans are inadequately protected by the current net worth and paying capacity of the borrower or by the collateral pledged, if any. These loans have a well-defined weakness or weaknesses that jeopardize collection and present the distinct possibility that some loss will be sustained if the deficiencies are not corrected. A protracted workout on these credits is a distinct possibility. Prompt corrective action is therefore required to strengthen the Company’s position, and/or to reduce exposure and to assure that adequate remedial measures are taken by the borrower. Credit exposure becomes more likely in such credits and a serious evaluation of the secondary support to the credit is performed. Substandard loans can be accruing or can be nonaccrual depending on the circumstances of the individual loans. Doubtful loans have all the weaknesses inherent in substandard loans with the added characteristics that the weaknesses make collection or liquidation in full on the basis of currently existing facts, conditions, and values highly questionable and improbable. All doubtful loans are on nonaccrual. In connection with the review of the Company’s loan portfolio, management considers risk elements attributable to particular loan type or categories in assessing the quality of individual loans. The list of loans to be analyzed for individual evaluation consists of non-accrual loans over $250 thousand with direct exposure. Interest income recognized using a cash-basis method on non-accrual loans for the year ended December 31, 2024 was not significant. In addition, the Company closely monitors substandard accruing loans over $1 million with direct exposure, and past due accruing loans over $100 thousand for possible individual evaluation. All other loans will be evaluated collectively in designated pools unless a loss exposure has been identified. Additional funds committed to be advanced on individually analyzed loans are not significant. The following table reflects the amortized cost basis in loans by credit quality indicator and origination year at the dates indicated, and gross charge-offs for the years ended December 31, 2024 and 2023, excluding loans held for sale. Loans acquired are shown in the table by origination year, not merger date. The Company had an immaterial amount of revolving loans converted to term loans at December 31, 2024 and 2023. Term Loans Amortized Cost Basis by Origination Year December 31, 2024 (Dollars in thousands) 2024 2023 2022 2021 2020 Prior Revolving Loans Total Commercial real estate: Pass $ 164,205 $ 233,047 $ 300,828 $ 126,548 $ 43,628 $ 175,319 $ 6,417 $ 1,049,992 Special mention — — — 32,243 441 5,464 483 38,631 Substandard — — 147 25,164 3,125 2,004 — 30,440 Total commercial real estate loans $ 164,205 $ 233,047 $ 300,975 $ 183,955 $ 47,194 $ 182,787 $ 6,900 $ 1,119,063 Current period gross charge-offs $ — $ — $ 65 $ — $ — $ 22 $ — $ 87 Commercial - specialized: Pass $ 103,288 $ 60,881 $ 37,940 $ 41,721 $ 15,678 $ 28,488 $ 98,092 $ 386,088 Special mention 214 — 1,600 — — — — 1,814 Substandard 510 — 85 84 297 77 — 1,053 Total commercial - specialized loans $ 104,012 $ 60,881 $ 39,625 $ 41,805 $ 15,975 $ 28,565 $ 98,092 $ 388,955 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Commercial - general: Pass $ 107,947 $ 72,500 $ 109,808 $ 65,564 $ 29,808 $ 82,909 $ 78,321 $ 546,857 Special mention — — 960 554 — 499 200 2,213 Substandard 98 463 2,405 4,427 19 805 84 8,301 Total commercial - general loans $ 108,045 $ 72,963 $ 113,173 $ 70,545 $ 29,827 $ 84,213 $ 78,605 $ 557,371 Current period gross charge-offs $ — $ 199 $ 466 $ 17 $ — $ 134 $ 266 $ 1,082 Consumer: 1-4 family residential: Pass $ 87,266 $ 101,022 $ 150,358 $ 91,929 $ 49,057 $ 73,730 $ 5,800 $ 559,162 Special mention — — — — — — — — Substandard — 810 284 1,057 225 4,812 50 7,238 Total consumer: 1-4 family residential loans $ 87,266 $ 101,832 $ 150,642 $ 92,986 $ 49,282 $ 78,542 $ 5,850 $ 566,400 Current period gross charge-offs $ — $ — $ 121 $ 51 $ — $ 3 $ — $ 175 Consumer: auto loans: Pass $ 70,621 $ 72,009 $ 76,412 $ 25,869 $ 7,293 $ 1,931 $ — $ 254,135 Special mention — — — — — — — — Substandard 21 28 82 179 4 25 — 339 Total consumer: auto loans $ 70,642 $ 72,037 $ 76,494 $ 26,048 $ 7,297 $ 1,956 $ — $ 254,474 Current period gross charge-offs $ 23 $ 386 $ 519 $ 198 $ 25 $ 35 $ — $ 1,186 Consumer: other consumer: Pass $ 23,665 $ 12,969 $ 14,790 $ 5,477 $ 1,232 $ 5,382 $ 1,324 $ 64,839 Special mention — — — — — — — — Substandard — — 8 47 — 42 — 97 Total consumer: other consumer loans $ 23,665 $ 12,969 $ 14,798 $ 5,524 $ 1,232 $ 5,424 $ 1,324 $ 64,936 Current period gross charge-offs (1) $ 469 $ 308 $ 245 $ 43 $ 29 $ 145 $ 18 $ 1,257 Construction: Pass $ 65,920 $ 30,572 $ 2,172 $ 2,630 $ — $ — $ 891 $ 102,185 Special mention — — — — — — — — Substandard — 1,190 480 — — — — 1,670 Total construction loans $ 65,920 $ 31,762 $ 2,652 $ 2,630 $ — $ — $ 891 $ 103,855 Current period gross charge-offs $ — $ 315 $ — $ — $ — $ — $ — $ 315 (1) Includes $457 thousand in charged-off demand deposit overdrafts reported as 2024 originations. Term Loans Amortized Cost Basis by Origination Year December 31, 2023 (Dollars in thousands) 2023 2022 2021 2020 2019 Prior Revolving Loans Total Commercial real estate: Pass $ 254,766 $ 324,601 $ 189,211 $ 50,660 $ 47,988 $ 174,859 $ 3,842 $ 1,045,927 Special mention — — — 11,677 — — — 11,677 Substandard — 82 21,152 1,699 149 370 — 23,452 Total commercial real estate loans $ 254,766 $ 324,683 $ 210,363 $ 64,036 $ 48,137 $ 175,229 $ 3,842 $ 1,081,056 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Commercial - specialized: Pass $ 117,912 $ 56,152 $ 57,839 $ 19,883 $ 10,376 $ 22,758 $ 83,368 $ 368,288 Special mention — 2,938 — — — — 300 3,238 Substandard — 105 196 393 19 137 — 850 Total commercial - specialized loans $ 117,912 $ 59,195 $ 58,035 $ 20,276 $ 10,395 $ 22,895 $ 83,668 $ 372,376 Current period gross charge-offs $ — $ — $ — $ 11 $ — $ — $ — $ 11 Commercial - general: Pass $ 88,911 $ 128,627 $ 90,957 $ 35,794 $ 45,660 $ 68,990 $ 44,131 $ 503,070 Special mention — — — — — 1,565 250 1,815 Substandard 201 2,930 4,676 227 2,749 1,442 251 12,476 Total commercial - general loans $ 89,112 $ 131,557 $ 95,633 $ 36,021 $ 48,409 $ 71,997 $ 44,632 $ 517,361 Current period gross charge-offs $ — $ 47 $ 50 $ 33 $ 18 $ 321 $ — $ 469 Consumer: 1-4 family residential: Pass $ 113,897 $ 156,549 $ 106,619 $ 51,940 $ 31,345 $ 56,666 $ 3,770 $ 520,786 Special mention — — — — — — — — Substandard 376 382 4,238 708 3,758 4,483 — 13,945 Total consumer: 1-4 family residential loans $ 114,273 $ 156,931 $ 110,857 $ 52,648 $ 35,103 $ 61,149 $ 3,770 $ 534,731 Current period gross charge-offs $ — $ — $ 1 $ — $ — $ — $ — $ 1 Consumer: auto loans: Pass $ 106,149 $ 124,588 $ 48,686 $ 16,524 $ 6,812 $ 1,935 $ — $ 304,694 Special mention — — — — — — — — Substandard 16 189 199 60 81 32 — 577 Total consumer: auto loans $ 106,165 $ 124,777 $ 48,885 $ 16,584 $ 6,893 $ 1,967 $ — $ 305,271 Current period gross charge-offs $ 113 $ 377 $ 254 $ 14 $ 49 $ 81 $ — $ 888 Consumer: other consumer: Pass $ 23,719 $ 26,899 $ 10,198 $ 3,190 $ 2,539 $ 6,107 $ 1,364 $ 74,016 Special mention — — — — — — — — Substandard — 13 44 10 — 84 1 152 Total consumer: other consumer loans $ 23,719 $ 26,912 $ 10,242 $ 3,200 $ 2,539 $ 6,191 $ 1,365 $ 74,168 Current period gross charge-offs (1) $ 624 $ 244 $ 88 $ 32 $ 72 $ 80 $ — $ 1,140 Construction: Pass $ 61,903 $ 53,930 $ 5,511 $ 331 $ — $ — $ 6,250 $ 127,925 Special mention 131 — 820 — — — — 951 Substandard — 314 — — — — — 314 Total construction loans $ 62,034 $ 54,244 $ 6,331 $ 331 $ — $ — $ 6,250 $ 129,190 Current period gross charge-offs $ 48 $ — $ 271 $ — $ — $ — $ — $ 319 (1) Includes $574 thousand in charged-off demand deposit overdrafts reported as 2023 originations. Occasionally, the Company modifies loans to borrowers in financial distress by providing principal forgiveness, term extensions, an other than insignificant payment delay, or interest rate reduction. When principal forgiveness is provided, the amount of forgiveness is charged-off against the allowance for credit losses. Typically, one type of concession, such as term extension, is granted initially. If the borrower continues to experience financial difficulty, another concession, such as principal forgiveness, may be granted. In some cases, the Company provides multiple types of concessions on one loan. For the loans included in the “combination” columns below, multiple types of modifications have been made on the same loan within the current reporting period. The following table presents the amortized cost basis of loans at December 31, 2024 and 2023 that were both experiencing financial difficulty and modified during the years ended December 31, 2024 and 2023, by class and by type of modification . Payment Delay Term Extension Rate Reduction Term Extension and Payment Delay Term Extension and Interest Rate Reduction Payment Delay and Interest Rate Reduction Payment Delay, Term Extension, and Interest Rate Reduction Total Class of Financing Receivable December 31, 2024 Commercial real estate $ 74 $ 65 $ — $ — $ — $ — $ — 0.01 % Commercial - specialized 13 — — — — — — — Commercial - general — 428 — 11 29 — 47 0.09 % Consumer: 1-4 family 322 — — 187 — — — 0.09 % Auto loans — — — — — — — — Other consumer — — — — — — — — Construction — — 818 1,670 — — — 2.40 % $ 409 $ 493 $ 818 $ 1,868 $ 29 $ — $ 47 0.12 % December 31, 2023 Commercial real estate $ — $ 2,118 $ — $ 127 $ — $ — $ — 0.21 % Commercial - specialized 103 — — 81 686 — — 0.23 % Commercial - general 266 6,995 — 598 109 — 28 1.55 % Consumer: 1-4 family 187 390 — 87 — — 7 0.13 % Auto loans 34 35 — 17 — 42 — 0.04 % Other consumer — — — — — 7 — 0.01 % Construction — 2,315 — 302 — — — 2.03 % $ 590 $ 11,853 $ — $ 1,212 $ 795 $ 49 $ 35 0.48 % The Company closely monitors the performance of loans that are modified to borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. The following presents the performance of such loans that have been modified in the years ended December 31, 2024 and 2023 (dollars in thousands): 30-89 Days Past Due 90 Days or More Past Due and Still Accruing Nonaccrual December 31, 2024 Commercial real estate $ 74 $ — $ — Commercial - specialized — — 13 Commercial - general 59 82 — Consumer: 1-4 Family residential — 60 — Auto loans — — — Other consumer — — — Construction 95 — 1,575 $ 228 $ 142 $ 1,588 December 31, 2023 Commercial real estate $ — $ — $ — Commercial - specialized — — 265 Commercial - general 69 33 63 Consumer: 1-4 Family residential — — — Auto loans 69 — — Other consumer — — — Construction — — 272 $ 138 $ 33 $ 600 The following table presents the financial effects of the loan modifications presented above to borrowers experiencing financial difficulty for the years ended December 31, 2024 and 2023 Principal Forgiveness Weighted- Average Interest Rate Reduction Weighted- Average Term Extension (Months) December 31, 2024 Commercial real estate $ — — 12 Commercial - specialized — — — Commercial - general — 0.82 % 14 Consumer: 1-4 Family residential — — 10 Auto loans — — — Other consumer — — — Construction — 4.25 % 5 $ — 3.96 % 8 December 31, 2023 Commercial real estate $ — — 5 Commercial - specialized — 0.86 % 56 Commercial - general — 1.97 % 16 Consumer: 1-4 Family residential — 1.75 % 16 Auto loans — 0.86 % 11 Other consumer — 4.75 % — Construction — — 6 $ — 1.07 % 15 As of December 31, 2024, the Company had no loans that were modified during the year ended December 31, 2024 that subsequently defaulted. As of December 31, 2023, the Company had one loan relationship made to borrowers experiencing financial difficulty that was modified during the year ended December 31, 2023 that subsequently defaulted, totaling $297 thousand. Payment default is defined as movement to nonperforming status, foreclosure, or charge-off. Upon the Company’s determination that a modified loan has subsequently been deemed to not be fully collectible, the uncollectible amount is written off. Therefore, the amortized cost basis of the loan is reduced by the uncollectible amount and the allowance for credit losses is adjusted by the same amount. Prior-period troubled debt restructuring (“TDR”) disclosures Prior to adopting the new accounting standard on loan modifications, the Company accounted for modifications of loans to borrowers experiencing financial difficulty as TDRs, when the modification resulted in a concession and specific reserves were charged to the ACL, if necessary, for the amount of estimated credit loss. The Company had no loans modified as a TDR during the year ended December 31, 2022.

FORECLOSED ASSETS

FORECLOSED ASSETS	12 Months Ended
	Dec. 31, 2024
FORECLOSED ASSETS [Abstract]
FORECLOSED ASSETS	4. FORECLOSED ASSETS Foreclosed assets activity was as follows for the periods presented below (dollars in thousands): For the Year Ended December 31, 2024 2023 2022 Beginning balance $ 912 $ 169 $ 1,032 Additions 1,927 2,302 764 Sales, net (2,201 ) (1,417 ) (1,627 ) Current year valuation write-down (108 ) (142 ) — Ending balance $ 530 $ 912 $ 169 Activity in the valuation allowance was as follows (dollars in thousands): For the Year Ended December 31, 2024 2023 2022 Beginning balance $ 142 $ — $ — Current year valuation write-down 108 142 — Reduction from sales (142 ) — — Ending balance $ 108 $ 142 $ — Net expenses related to foreclosed assets include the following for the periods presented below (dollars in thousands): For the Year Ended December 31, 2024 2023 2022 Net gain on sales $ 25 $ — $ (424 ) Current year valuation write-down 108 142 — Operating expenses, net of rental income 136 42 65 Foreclosed assets expense, net $ 269 $ 184 $ (359 )

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT	12 Months Ended
	Dec. 31, 2024
PREMISES AND EQUIPMENT [Abstract]
PREMISES AND EQUIPMENT	5. PREMISES AND EQUIPMENT Detail of premises and equipment at year-end follows (dollars in thousands): December 31, 2024 2023 Land $ 9,514 $ 9,530 Buildings and improvements 66,707 66,558 Furniture and equipment 47,166 51,225 Construction in process 1,365 396 124,752 127,709 Less accumulated depreciation (71,801 ) (72,639 ) Premises and equipment, net $ 52,951 $ 55,070 Depreciation expense for the years ended December 31, 2024, 2023 and 2022 was approximately $5.3 million, $5.1 million, and $5.1 million, respectively.

LEASES

LEASES	12 Months Ended
	Dec. 31, 2024
LEASES [Abstract]
LEASES	6. LEASES Lessee Arrangements The Company leases space, primarily for branch facilities and small equipment under operating leases. The Company’s leases often include one or more options to renew at the Company’s discretion, and some of the Company’s leases include options to terminate within one year. When it is reasonably certain that the Company will exercise the option to renew or extend the lease term, that option is included in estimating the value of the ROU asset and lease liability. The Company’s leases contain customary restrictions and covenants and do not contain any residual value guarantees. The Company has certain intercompany leases and subleases between its subsidiaries, and these transactions and balances have been eliminated in consolidation and are not reflected in the tables and information presented below. As of December 31, 2024 and 2023, the Company had no finance leases. The balance sheet components of the Company’s leases at year-end are as follows (in thousands): December 31, 2024 December 31, 2023 Operating lease right of use assets (included in Other assets $ 7,968 $ 8,681 Operating lease liabilities (included in Accrued expenses and other liabilities 8,906 9,630 The Company does not generally enter into leases which contain variable payments, other than due to the passage of time. Operating lease costs, including short-term lease costs were $2.4 million, $2.9 million and $2.9 million, respectively , Supplemental cash flow information related to leases is as follows (in thousands): Year Ended December 31, 2024 2023 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows used in operating leases $ 1,906 $ 2,004 Right-of-use assets obtained in exchange for new lease obligations: Operating leases $ 636 $ 2,515 For operating leases, the Company’s weighted average remaining lease terms and weighted average discount rate was 9.22 years and 5.64%, respectively, as of December 31, 2024, and 9.90 years and 5.51%, respectively, as of December 31, 2023. Future undiscounted lease payments at December 31, 2024, under operating lease agreements, are presented below (in thousands). 2025 $ 1,637 2026 1,558 2027 1,435 2028 1,276 2029 1,107 Thereafter 4,499 Total minimum lease payments 11,512 Less: Amount representing interest (2,606 ) Lease liabilities $ 8,906 As of December 31, 2024, the Company had no significant additional operating leases that have not yet commenced. Lessor Arrangements The Company leases certain facilities and office space under operating lease agreements to outside parties. Operating lease income for the years ended December 31, 2024, 2023, and 2022 was $883 thousand, $839 thousand, and $800 thousand, respectively, and is included in occupancy and equipment, net

GOODWILL AND INTANGIBLES

GOODWILL AND INTANGIBLES	12 Months Ended
	Dec. 31, 2024
GOODWILL AND INTANGIBLES [Abstract]
GOODWILL AND INTANGIBLES	7. GOODWILL AND INTANGIBLES The Company had goodwill of $19.3 million at December 31, 2024 and 2023, respectively . Other intangible assets, which consisted of CDI, customer lists, and employment agreements at the dates indicated are summarized below (dollars in thousands): December 31, 2024 2023 Amortized intangible assets: Core deposit intangible $ 6,679 $ 6,679 Less: Accumulated amortization (4,959 ) (4,250 ) Other intangible assets, net $ 1,720 $ 2,429 On April 1, 2023, the sale of Windmark was completed, resulting in the removal of goodwill and other intangible assets, net of accumulated amortization, of $193 thousand and $942 thousand, respectively. Amortization expense for other intangibles for the years ended December 31, 2024, 2023, and 2022 totaled $0.7 million, $1.0 million, and $1.5 million, respectively. The estimated amount of amortization expense for core deposit intangibles to be recognized over the next five years is as follows (dollars in thousands): 2025 $ 587 2026 465 2027 344 2028 223 2029 101

MORTGAGE SERVICING RIGHTS

MORTGAGE SERVICING RIGHTS	12 Months Ended
	Dec. 31, 2024
MORTGAGE SERVICING RIGHTS [Abstract]
MORTGAGE SERVICING RIGHTS	8. MORTGAGE SERVICING RIGHTS The following table reflects the changes in fair value of the Company’s mortgage servicing rights asset included in the Consolidated Balance Sheets, and other information related to the serviced portfolio for the periods or dates presented (dollars in thousands): Year Ended December 31, 2024 2023 2022 Beginning balance $ 26,569 $ 27,474 $ 19,700 Additions 958 1,470 3,069 Valuation adjustment (1,235 ) (2,375 ) 4,705 Ending balance $ 26,292 $ 26,569 $ 27,474 December 31, 2024 2023 Mortgage loans serviced for others $ 1,903,854 $ 2,001,476 Mortgage servicing rights assets as a percentage of serviced mortgage loans 1.38 % 1.33 % The following table reflects the key assumptions used in measuring the fair value of the Company’s mortgage servicing rights as of the dates indicated: December 31, 2024 2023 Weighted average constant prepayment rate 7.16 % 7.46 % Weighted average discount rate 10.17 % 10.66 % Weighted average life in years 8.09 8.09

DEPOSITS

DEPOSITS	12 Months Ended
	Dec. 31, 2024
DEPOSITS [Abstract]
DEPOSITS	9. DEPOSITS Time deposits that met or exceeded the Federal Deposit Insurance Corporation (“FDIC”) Insurance limit of $250,000 were $208.8 million and $170.4 million at December 31, 2024 and 2023, respectively. The scheduled maturities of time deposits at December 31, 2024 follows (dollars in thousands): 2025 $ 417,914 2026 19,778 2027 2,348 2028 2,776 2029 1,665 Thereafter 71 $ 444,552

BORROWING ARRANGEMENTS

BORROWING ARRANGEMENTS	12 Months Ended
	Dec. 31, 2024
BORROWING ARRANGEMENTS [Abstract]
BORROWING ARRANGEMENTS	10. BORROWING ARRANGEMENTS Short-term Borrowings There were no balances as of December 31, 2024 and 2023 related to federal funds purchased or FHLB short-term advances. Federal funds purchased are short-term borrowings that generally have one-day maturities. Lines of Credit The bank subsidiary has a line of credit with FHLB. The amount of the line is determined by FHLB on a quarterly basis. The line is primarily used to purchase Federal funds or to secure letters of credit to pledge as collateral against certain public deposits. The line is collateralized by a blanket floating lien on all first mortgage loans and commercial real estate loans as well as all FHLB stock, which has a carrying amount of $3.1 million and $3.0 million at December 31, 2024 and 2023. The available capacity of the line was $1.1 billion and $1.1 billion with no outstanding borrowings The bank subsidiary also has a line of credit with the Federal Reserve Bank of Dallas (“FRB”). The amount of the line is determined on a monthly basis by FRB. The line is collateralized by a blanket floating lien on all agriculture, commercial, and consumer loans. The amount of the line was $654.0 million and $595.4 million at December 31, 2024 and 2023, respectively. This line was not used at December 31, 2024 or 2023. The bank subsidiary also has uncollateralized lines of credit with multiple banks. The total amount of the lines was $140.0 million as of December 31, 2024 and 2023. These lines were not used at December 31, 2024 or 2023. Notes Payable and Other Borrowings The bank had no FHLB advances outstanding at December 31, 2024 or 2023 Junior Subordinated Deferrable Interest Debentures and Trust Preferred Securities The Company established grantor trusts (“trusts”) that issued obligated mandatorily redeemable preferred securities (“TPS”); the Company issued junior subordinated deferrable interest debentures (debentures) to the trusts. The trusts are not consolidated and the debentures issued by the Company to the trusts are reflected in the Consolidated Balance Sheets. The Company records interest expense on the debentures in its consolidated financial statements. The common capital securities issued by the trusts ($1.4 million) are included in other assets in the Consolidated Balance Sheets under the equity method of accounting. The amount of the capital securities represents the Company’s maximum exposure to loss. The Company is required by the Federal Reserve to maintain certain levels of capital for bank regulatory purposes. The debentures issued by the trusts to the Company, less the common capital securities of the trusts, continue to qualify as Tier 1 capital, subject to limitation to 25% of Tier 1 capital, under guidance issued by the Federal Reserve. Although the trusts are not consolidated in these consolidated financial statements, the TPS remain outstanding with terms substantially the same as the debentures. The Company’s interest payments on its debentures are the sole source of repayment for the TPS. Additionally, the Company guarantees payment of interest and principal on the TPS. The terms of the debentures and TPS allow for interest to be deferred for up to five years consecutively. During this time, shareholder dividends are not allowed to be paid. The following table is a detail of the debentures and TPS at December 31, 2024 (dollars in thousands): Issue Date Amount of TPS Amount of Debentures Stated Maturity Date of TPS and Debentures (1) Interest Rate of TPS and Debentures (2)(3) SPFCT III 2004 $ 10,000 $ 10,310 2034 3-mo. CME Term SOFR + 291bps; 7.54% SPFCT IV 2005 20,000 20,619 2035 3-mo. CME Term SOFR + 165bps; 6.01% SPFCT V 2007 15,000 15,464 2037 3-mo. CME Term SOFR + 176bps; 6.12% Total $ 45,000 $ 46,393 (1) May be redeemed five years from the issue date, the Company has no current plans to redeem; (2) Interest payable quarterly with principal due at maturity; (3) Rate as of last reset date. Subordinated Debt In December 2018, the Company issued $26.5 million in subordinated notes. Notes totaling $12.4 million (the “2028 Notes”) have a maturity date of December 2028 December 2030 Wall Street Journal On November 8, 2023, the Company notified holders of its 2028 Notes that it had elected to redeem all the outstanding 2028 Notes effective on December 15, 2023 (the “Redemption Date”). Each of the 2028 Notes were redeemed pursuant to the terms of the Indenture, dated as of December 14, 2018, between the Company and Argent Trust Company, N.A., as trustee for the 2028 Notes (the “Trustee”), at the redemption price totaling approximately $12.4 million in aggregate principal amount, plus accrued and unpaid interest. As provided in the redemption notice, on the Redemption Date, the Trustee paid the relevant Redemption Price to the holders of 2028 Notes appearing on the books and records of the Trustee on the Redemption Date. The 2028 Notes ceased to represent the right to payment of principal and interest upon the payment to the holders of 2028 Notes by the Trustee representing the Redemption Price. The Company received all necessary regulatory approvals for the redemption of the 2028 Notes. On September 29, 2020, the Company issued $50.0 million in subordinated notes. Proceeds were reduced by approximately $926 thousand in debt issuance costs. The notes have a maturity date of September 2030 SOFR , semi-annually, are unsecured, and may be called by the Company at any time after the remaining maturity is five years or less. Additionally, these notes qualify for Tier 2 capital treatment, subject to regulatory limitations. As of December 31, 2024, the total amount of subordinated notes outstanding was $64.1 million less approximately $139 thousand of remaining debt issuance costs for a total balance of $64.0 million. As of December 31, 2023, the total amount of subordinated notes outstanding was $64.1 million less approximately $325 thousand of remaining debt issuance costs for a total balance of $63.8 million.

EMPLOYEE BENEFITS

EMPLOYEE BENEFITS	12 Months Ended
	Dec. 31, 2024
EMPLOYEE BENEFITS [Abstract]
EMPLOYEE BENEFITS	11. EMPLOYEE BENEFITS The Company sponsors the City Bank 401(k) Plan (the “401(k) Plan”). Under the provisions of the 401(k) Plan, participants may elect to contribute pre-tax salary deferrals and direct investment of those salary deferrals among investments offered in the 401(k) Plan. The Company may elect to contribute a safe harbor match equal to 100% of the first 5% of the participants’ compensation contributed. The expense for Company contributions to the 401(k) Plan was $1.8 million in 2024, . Employee Health Benefits Non-Qualified Plans nonqualified unfunded

STOCK-BASED COMPENSATION

STOCK-BASED COMPENSATION	12 Months Ended
	Dec. 31, 2024
STOCK-BASED COMPENSATION [Abstract]
STOCK-BASED COMPENSATION	12. STOCK-BASED COMPENSATION Equity Incentive Plan The 2019 Equity Incentive Plan (“Plan”) was approved by the Company’s Board of Directors on January 16, 2019 and by its shareholders on March 6, 2019. The purpose of the Plan is to: (i) attract and retain the best available personnel for positions of substantial responsibility, (ii) provide additional incentive to employees, directors and consultants, and (iii) promote the success of the Company’s business. This Plan permits the grant of incentive stock options, non-statutory stock options, stock appreciation rights, restricted stock, restricted stock units, performance units, performance shares, and other stock-based awards. The maximum aggregate number of shares of common stock that may be issued pursuant to all awards under the Plan was 4,919,509 at December 31, 2024. The maximum aggregate number of shares that may be issued under the Plan may be increased annually by up to 3% of the total issued and outstanding common shares of the Company at the beginning of each fiscal year. The fair value of each option award is estimated on the date of grant using the Black-Scholes model that uses the assumptions noted in the table below. Expected volatilities are based on historical volatilities of the Company’s common stock and similar peer company averages. The Company uses historical data to estimate option exercise and post-vesting termination behavior. The expected term of options granted represents the period of time that options granted are expected to be outstanding, which takes in to account that the options are not transferable. The risk-free interest rate for the expected term of the option is based on the U.S. Treasury yield curve in effect at the time of the grant. Options A summary of activity in the Plan during the year indicated is presented in the table below (dollars in thousands, except per share data): Number of Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Life in Years Aggregate Intrinsic Value Year Ended December 31, 2024 Outstanding at beginning of year: 1,280,858 $ 16.91 $ 22,849 Granted 32,465 29.32 176 Exercised (137,536 ) 11.97 (3,133 ) Forfeited — — — Expired — — — Balance at end of year 1,175,787 $ 17.83 4.54 $ 19,892 Exercisable at end of period 1,064,695 $ 17.01 4.22 $ 18,886 Vested at end of period 1,064,695 $ 17.01 4.22 $ 18,886 A summary of assumptions used to calculate the fair values of the awards granted during the periods noted is presented below: Year Ended December 31, 2024 2023 2022 Expected volatility 40.45% 39.13% to 39.68% 40.20% to 40.29% Expected dividend yield 1.80% 1.74% to 1.90% 1.30% Expected term (years) 6.1 6.1 to 6.3 6.1 to 6.3 Risk-free interest rate 3.94% 3.91% to 3.98% 1.56% to 1.95% Weighted average grant date fair value $ 11.10 $ 10.26 $ 10.54 The total intrinsic value of options exercised during the years ended December 31, 2024, 2023, and 2022 was $3.3 million, $1.8 million, and $3.9 million, respectively. Restricted Stock Awards and Units A summary of activity in the Plan during the year indicated is presented in the table below: Number of Shares Weighted-Average Grant Date Fair Value Year Ended December 31, 2024 Outstanding at beginning of year: 125,917 $ 26.58 Granted 89,103 26.56 Exercised (23,478 ) 27.38 Forfeited (3,647 ) 24.54 Balance at end of year 187,895 $ 26.51 Restricted stock units granted under the Plan typically vest from one For the years ended December 31, 2024, 2023, and 2022 the Company recorded stock-based compensation expense related to the Plan of $2.3 million, $2.2 million and $2.8 million, respectively. The total unrecognized compensation cost for the awards outstanding under the Plan at December 31, 2024 was $3.2 million and will be recognized over a weighted average remaining period of 1.65 years. Employee Stock Purchase Plan Employee Stock Purchase Plan A summary of assumptions used to calculate the grant date fair value of the ESPP rights for the period indicated during is presented below: Year Ended December 31, 2024 Expected volatility 31.31 % Expected dividend yield 1.89 % Expected term (years) 0.5 Risk-free interest rate 5.02 %

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2024
INCOME TAXES [Abstract]
INCOME TAXES	13. INCOME TAXES The components of income tax expense (benefit) was as follows for the periods indicated (dollars in thousands): Year Ended December 31, 2024 2023 2022 Current expense Federal $ 14,184 $ 16,192 $ 13,250 State 440 381 302 Deferred expense Federal (1,049 ) 99 1,359 Total $ 13,575 $ 16,672 $ 14,911 Effective tax rates differ from the federal statutory rate of 21% applied to income before income taxes due to the following for the periods indicated (dollars in thousands): Year Ended December 31, 2024 2023 2022 Federal statutory rate times financial statement income $ 13,291 $ 16,678 $ 15,362 Effect of: Tax-exempt income (701 ) (836 ) (953 ) State taxes, net of federal benefit 348 301 239 Earnings from bank owned life insurance (326 ) (279 ) (251 ) Non-deductible expenses 648 675 409 Other, net 315 133 105 Total $ 13,575 $ 16,672 $ 14,911 Effective tax rate 21.45 % 20.99 % 20.38 % Year-end deferred tax assets and liabilities were due to the following at year-end (dollars in thousands): December 31, 2024 2023 Deferred tax assets Allowance for credit losses $ 9,080 $ 8,895 Deferred compensation 5,884 5,640 Leases 197 200 Other real estate owned 23 30 Nonaccrual loans 320 78 Unrealized gain on available-for-sale securities 19,273 17,234 Other 446 456 Total deferred tax assets 35,223 32,533 Deferred tax liabilities Depreciation (2,457 ) (2,800 ) Intangibles (401 ) (626 ) Prepaid expenses (704 ) (564 ) Mortgage servicing rights (5,521 ) (5,580 ) Other (3,300 ) (3,550 ) Total deferred tax liabilities (12,383 ) (13,120 ) Net deferred tax asset $ 22,840 $ 19,413

RELATED-PARTY TRANSACTIONS

RELATED-PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2024
RELATED-PARTY TRANSACTIONS [Abstract]
RELATED-PARTY TRANSACTIONS	14. RELATED-PARTY TRANSACTIONS Direct and indirect loans to executive officers, directors, significant stockholders and their related affiliates as of December 31, 2024 and 2023 aggregated approximately $44.3 million and $10.7 million, respectively. There were no charge-offs related to these loans in 2024 or 2023 and any advance and repayment activity was routine. Deposits from these related parties in the consolidated financial statements were not significant.

OFF-BALANCE-SHEET ACTIVITIES, C

OFF-BALANCE-SHEET ACTIVITIES, COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2024
OFF-BALANCE-SHEET ACTIVITIES, COMMITMENTS AND CONTINGENCIES [Abstract]
OFF-BALANCE-SHEET ACTIVITIES, COMMITMENTS AND CONTINGENCIES	15. OFF-BALANCE-SHEET ACTIVITIES, COMMITMENTS AND CONTINGENCIES Financial instruments with off-balance-sheet risk The Company is a party to financial instruments with off-balance-sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby letters of credit. Such commitments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the Company’s consolidated financial statements. The Company’s exposure to credit loss is represented by the contractual amount of these commitments. The Company follows the same credit policies in making commitments as it does for recorded instruments. Financial instruments whose contract amounts represent credit risk outstanding at year-end follow (dollars in thousands): December 31, 2024 2023 Commitments to grant loans and unfunded commitments under lines of credit $ 537,688 $ 598,800 Standby letters-of-credit 18,696 11,503 Commitments to grant loans and 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 may require payment of a fee. The commitments for lines of credit may expire without being drawn upon. Therefore, the total commitment amounts do not necessarily represent future cash requirements. The amount of collateral obtained, if it is deemed necessary by the Company, is based on management’s credit evaluation of the customer. Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. Those letters of credit are primarily issued to support public and private borrowing arrangements. Essentially all letters of credit issued have expiration dates within one year. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. The Company requires collateral supporting those commitments if deemed necessary. Litigation The Company is a defendant in legal actions arising from time to time in the normal course of business. Management believes that the ultimate liability, if any, arising from these matters will not materially affect the consolidated financial statements, based on information known as of the date the consolidated financial statements were available to be issued. FHLB Letters of Credit – The Company has used FHLB letters of credit to pledge to certain public deposits. There were $75.0 and no FHLB letters of credit outstanding at December 31, 2024 or 2023, respectively.

CAPITAL AND REGULATORY MATTERS

CAPITAL AND REGULATORY MATTERS	12 Months Ended
	Dec. 31, 2024
CAPITAL AND REGULATORY MATTERS [Abstract]
CAPITAL AND REGULATORY MATTERS	16. CAPITAL AND REGULATORY MATTERS The Company and its bank subsidiary are subject to various regulatory capital requirements administered by its banking regulators. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s and its bank subsidiary’s financial statements. Under capital guidelines and the regulatory framework for prompt corrective action, the Company and its bank subsidiary must meet specific capital guidelines that involve quantitative measures of their assets, liabilities, and certain off-balance-sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Prompt corrective action provisions are not applicable to bank holding companies. Quantitative measures established by regulation to ensure capital adequacy require the Company and its bank subsidiary to maintain minimum amounts and ratios (set forth in the following table) of total and Tier 1 capital (as defined in the regulations) to risk-weighted assets (as defined) and of Tier 1 capital (as defined) to average assets (as defined). Management believes, as of December 31, 2024 and 2023, that the Company and its bank subsidiary met all capital adequacy requirements to which they are subject. As of December 31, 2024 and 2023, the Company met the definition of “well-capitalized” under the applicable regulations of the Board of Governors of the Federal Reserve System and the bank subsidiary was “well capitalized” under the FDIC’s regulatory framework for prompt corrective action and the Basel III capital guidelines. To be categorized as well capitalized, an institution must maintain minimum total risk-based, Tier 1 risk-based and Tier 1 leverage ratios as set forth in the following tables. There are no conditions or events since December 31, 2024 that management believes have changed the bank subsidiary’s category. The Company and its bank subsidiary’s actual capital amounts and ratios at the dates indicated follows (dollars in thousands): Actual Minimum Required Under BASEL III Fully Phased In To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio December 31, 2024: Total Capital to Risk Weighted Assets: Consolidated $ 631,713 17.86 % $ 371,426 10.50 % N/A N/A City Bank 520,788 14.73 % 371,351 10.50 % $ 353,667 10.00 % Tier I Capital to Risk Weighted Assets: Consolidated 523,535 14.80 % 300,678 8.50 % N/A N/A City Bank 476,574 13.48 % 300,617 8.50 % 282,934 8.00 % Common Equity Tier 1 to Risk Weighted Assets: Consolidated 478,535 13.53 % 247,617 7.00 % N/A N/A City Bank 476,574 13.48 % 247,567 7.00 % 229,884 6.50 % Tier I Capital to Average Assets: Consolidated 523,535 12.04 % 174,777 4.00 % N/A N/A City Bank 476,574 10.96 % 174,710 4.00 % 217,336 5.00 % December 31, 2023 Total Capital to Risk Weighted Assets: Consolidated $ 589,565 16.74 % $ 369,753 10.50 % N/A N/A City Bank 494,353 14.04 % 369,635 10.50 % $ 352,033 10.00 % Tier I Capital to Risk Weighted Assets: Consolidated 482,044 13.69 % 299,324 8.50 % N/A N/A City Bank 450,607 12.80 % 299,228 8.50 % 281,627 8.00 % Common Equity Tier 1 to Risk Weighted Assets: Consolidated 437,044 12.41 % 246,502 7.00 % N/A N/A City Bank 450,607 12.80 % 246,423 7.00 % 228,822 6.50 % Tier I Capital to Average Assets: Consolidated 482,044 11.33 % 171,037 4.00 % N/A N/A City Bank 450,607 10.60 % 170,945 4.00 % 212,594 5.00 % The Company is subject to the Basel III capital ratio requirements which include a “capital conservation buffer” of 2.50% above the regulatory minimum risk-based capital adequacy requirements. This 2.50% capital conservation buffer is reflected in the table above. Both the Company’s and the Bank’s actual ratios, as outlined in the table above, exceeded the Basel III risk-based capital requirement with the capital conservation buffer as of December 31, 2024. State banking regulations place certain restrictions on dividends paid by banks to their shareholders. Dividends paid by the Company’s bank subsidiary would be prohibited if the effect thereof would cause the bank subsidiary’s capital to be reduced below applicable minimum capital requirements.

DERIVATIVES

DERIVATIVES	12 Months Ended
	Dec. 31, 2024
DERIVATIVES [Abstract]
DERIVATIVES	17. DERIVATIVES The Company utilizes interest rate swap agreements as part of its asset-liability management strategy to help manage its interest rate risk position. These interest rate swaps are designated and qualify as fair value hedges and are entered into to reduce exposure to changes in fair value of fixed rate financial instruments. The notional amounts of the interest rate swaps do not represent amounts exchanged by the parties. The amount exchanged is determined by reference to the notional amounts and the other terms of the individual interest rate swap agreements. The following table reflects the changes in fair value hedges included in the Consolidated Statements of Comprehensive Income (Loss) for the periods indicated (dollars in thousands): Year Ended December 31, Interest Rate Contracts Location 2024 2023 2022 Change in fair value of interest rate swaps hedging investment securities Other noninterest expense $ (1,133 ) $ (3,497 ) $ 14,439 Change in fair value of hedged investment securities Other noninterest expense 1,619 3,685 (14,607 ) Change in fair value of interest rate swaps hedging fixed rate loans Interest income - Loans 57 (334 ) 911 Change in fair value of hedged fixed rate loans Interest income - Loans 24 335 (918 ) The following table reflects the fair value hedges included in the Consolidated Balance Sheets as of December 31 (dollars in thousands): 2024 2023 Notional Amount Fair Value Notional Amount Fair Value Included in other liabilities Interest rate swaps related to fixed rate loans $ — $ — $ 987 $ 10 Interest rate swaps related to state and municipal securities — — — — Included in other assets Interest rate swaps related to fixed rate loans 11,803 205 7,796 158 Interest rate swaps related to state and municipal securities 123,760 15,495 123,760 16,628 Mortgage banking derivatives The net gains (losses) relating to free standing derivative instruments used for risk management are summarized below for the periods indicated (dollars in thousands): For the Year Ended December 31, Location 2024 2023 2022 Gain (loss) on mortgage banking derivatives Net gain (loss) on sales of loans $ 264 $ (405 ) $ (1,109 ) The following table reflects the amount and fair value of mortgage banking derivatives in the Consolidated Balance Sheets as of December 31 (dollars in thousands): December 31, 2024 December 31, 2023 Notional Amount Fair Value Notional Amount Fair Value Included in other assets: Forward contracts related to mortgage loans held for sale $ 16,000 $ 76 $ — $ — Interest rate lock commitments 12,937 222 16,887 444 Included in other liabilities: Forward contracts related to mortgage loans held for sale $ 1,277 $ 12 $ 19,021 $ 422 Interest rate lock commitments — — — — The Company had received cash collateral of $17.0 million and $18.3 million to offset asset derivative positions on its interest rate swaps at December 31, 2024 and 2023, respectively. This amount is reported in other liabilities in the Consolidated Balance Sheets. The Company had advanced $1.1 million and $1.1 million to offset liability derivative positions on its interest rate swaps at December 31, 2024 and 2023, respectively. Additionally, the Company had advanced $270 thousand and $440 thousand on its mortgage forward contracts at December 31, 2024 and 2023, respectively. The advanced cash collateral amounts are reported in cash and due from banks in the Consolidated Balance Sheets.

PARENT COMPANY ONLY CONDENSED F

PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION	12 Months Ended
	Dec. 31, 2024
PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION [Abstract]
PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION	18. PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION Condensed financial information of South Plains Financial, Inc. follows (dollars in thousands): CONDENSED BALANCE SHEETS December 31, 2024 2023 ASSETS Cash and cash equivalents $ 104,856 $ 87,167 Investment in banking subsidiary 436,989 420,677 Investment in other subsidiary 51 51 Other assets 9,060 12,592 Total assets $ 550,956 $ 520,487 LIABILITIES AND STOCKHOLDERS’ EQUITY Debt $ 110,354 $ 110,168 Accrued expenses and other liabilities 1,653 3,205 Stockholders’ equity 438,949 407,114 Total liabilities and stockholders’ equity $ 550,956 $ 520,487 CONDENSED STATEMENTS OF INCOME Year Ended December 31, 2024 2023 2022 Dividends $ 31,400 $ 35,000 $ 40,375 Other income 102 100 52 Interest expense (6,721 ) (7,294 ) (5,689 ) Other expense (2,168 ) (1,897 ) (1,768 ) Income before income tax and undistributed subsidiary income 22,613 25,909 32,970 Income tax benefit (1,845 ) (1,904 ) (1,555 ) Equity in undistributed subsidiary income 25,259 34,932 23,715 Net income $ 49,717 $ 62,745 $ 58,240 CONDENSED STATEMENTS OF CASH FLOWS Year Ended December 31, 2024 2023 2022 Cash flows from operating activities: Net income $ 49,717 $ 62,745 $ 58,240 Adjustments: Equity in undistributed subsidiary income (25,259 ) (34,932 ) (23,715 ) Amortization of debt issuance costs 186 186 186 Stock based compensation 2,318 2,157 2,753 Change in other assets 3,532 (3,378 ) (3,201 ) Change in other liabilities (1,552 ) 1,004 369 Net cash provided by operating activities 28,942 27,782 34,632 Cash flows from financing activities: Repayments of long-term borrowings — (12,372 ) — Payments to tax authorities for stock-based compensation (759 ) (731 ) (1,168 ) Payments to repurchase common stock (1,340 ) (17,763 ) (22,699 ) Cash dividends paid on common stock (9,154 ) (8,745 ) (8,012 ) Net cash used in financing activities (11,253 ) (39,611 ) (31,879 ) Net change in cash and cash equivalents 17,689 (11,829 ) 2,753 Beginning cash and cash equivalents 87,167 98,996 96,243 Ending cash and cash equivalents $ 104,856 $ 87,167 $ 98,996

EARNINGS PER SHARE

EARNINGS PER SHARE	12 Months Ended
	Dec. 31, 2024
EARNINGS PER SHARE [Abstract]
EARNINGS PER SHARE	19. EARNINGS PER SHARE The factors used in the earnings per share computation follow (dollars in thousands, except per share data): December 31, 2024 2023 2022 Net income $ 49,717 $ 62,745 $ 58,240 Weighted average common shares outstanding - basic 16,410,336 16,843,753 17,373,138 Effect of dilutive securities: Stock based compensation awards 621,002 489,459 646,690 Weighted average common shares outstanding - diluted 17,031,338 17,333,212 18,019,828 Basic earnings per share $ 3.03 $ 3.73 $ 3.35 Diluted earnings per share $ 2.92 $ 3.62 $ 3.23

SEGMENT INFORMATION

SEGMENT INFORMATION	12 Months Ended
	Dec. 31, 2024
SEGMENT INFORMATION [Abstract]
SEGMENT INFORMATION	20. SEGMENT INFORMATION Operating segments are components of a business about which separate financial information is available that is evaluated regularly by the chief operating decision-maker (“CODM”) in deciding how to allocate resources and in assessing performance. The Company’s reportable banking

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	12 Months Ended
	Dec. 31, 2024
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	21. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following table details the changes in accumulated other comprehensive income (loss) by component, net of tax for the periods indicated (dollars in thousands): Gains and (Losses) on Fair Value Hedges Unrealized Gains and (Losses) on Securities Available for Sale Total For the Year Ended December 31, 2024 Beginning balance $ 13,160 $ (64,834 ) $ (51,674 ) Other comprehensive income (loss) before reclassification (1,279 ) (7,668 ) (8,947 ) Amounts reclassified from other comprehensive — — — Net current period other comprehensive income (loss) (1,279 ) (7,668 ) (8,947 ) Ending balance $ 11,881 $ (72,502 ) $ (60,621 ) For the Year Ended December 31, 2023 Beginning balance $ 16,072 $ (81,180 ) $ (65,108 ) Other comprehensive income (loss) before reclassification (2,912 ) 13,653 10,741 Amounts reclassified from other comprehensive — 2,693 2,693 Net current period other comprehensive income (loss) (2,912 ) 16,346 13,434 Ending balance $ 13,160 $ (64,834 ) $ (51,674 ) For the Year Ended December 31, 2022 Beginning balance $ 4,532 $ 9,170 $ 13,702 Other comprehensive income (loss) before reclassification 11,540 (90,350 ) (78,810 ) Amounts reclassified from other comprehensive — — — Net current period other comprehensive income (loss) 11,540 (90,350 ) (78,810 ) Ending balance $ 16,072 $ (81,180 ) $ (65,108 ) Amounts reclassified are shown on the Consolidated Statements of Comprehensive Income (Loss).

FAIR VALUE DISCLOSURES

FAIR VALUE DISCLOSURES	12 Months Ended
	Dec. 31, 2024
FAIR VALUE DISCLOSURES [Abstract]
FAIR VALUE DISCLOSURES	22. FAIR VALUE DISCLOSURES Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. A fair value measurement assumes that the transaction to sell the asset or transfer the liability occurs in the principal market for the asset or liability or, in the absence of a principal market, the most advantageous market for the asset or liability. The price in the principal (or most advantageous) market used to measure the fair value of the asset or liability is not adjusted for transaction costs. An orderly transaction is a transaction that assumes exposure to the market for a period prior to the measurement date to allow for marketing activities that are usual and customary for transactions involving such assets and liabilities; it is not a forced transaction. Market participants are buyers and sellers in the principal market that are (i) independent, (ii) knowledgeable, (iii) able to transact and (iv) willing to transact. Valuation techniques that are consistent with the market approach, the income approach and/or the cost approach are required by GAAP. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets and liabilities. The income approach uses valuation techniques to convert future amounts, such as cash flows or earnings, to a single present amount on a discounted basis. The cost approach is based on the amount that currently would be required to replace the service capacity of an asset. Valuation techniques should be consistently applied. Inputs to valuation techniques refer to the assumptions that market participants would use in pricing the asset or liability. Inputs may be observable, meaning those that reflect the assumptions market participants would use in pricing the asset or liability developed based on market data obtained from independent sources, or unobservable, meaning those that reflect the reporting entity’s own assumptions about the assumptions market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. The fair value hierarchy for valuation inputs gives the highest priority to quoted prices in active markets for identical assets or liabilities and the lowest priority to unobservable inputs. The fair value hierarchy is as follows: ● Level 1 Inputs ● Level 2 Inputs ● Level 3 Inputs The following table summarizes fair value measurements as of the dates indicated below (dollars in thousands): Level 1 Level 2 Level 3 Total December 31, 2024 Assets (liabilities) measured at fair value on a recurring basis: Securities available for sale: State and municipal $ — $ 173,297 $ — $ 173,297 Residential mortgage-backed securities — 264,096 — 264,096 Commercial mortgage-backed securities — 40,360 — 40,360 Commercial collateralized mortgage obligations — 73,483 — 73,483 Asset-backed and other amortizing securities — 14,581 — 14,581 Other securities — 11,423 — 11,423 Loans held for sale (mandatory) — 13,791 — 13,791 Mortgage servicing rights — — 26,292 26,292 Asset derivatives — 15,998 — 15,998 Liability derivatives — (12 ) — (12 ) Assets measured at fair value on a non-recurring basis: Loans held for investment — — 20,566 20,566 Level 1 Level 2 Level 3 Total December 31, 2023 Assets (liabilities) measured at fair value on a recurring basis: Securities available for sale: State and municipal $ — $ 180,575 $ — $ 180,575 Residential mortgage-backed securities — 300,704 — 300,704 Commercial mortgage-backed securities — 41,748 — 41,748 Commercial collateralized mortgage obligations — 71,930 — 71,930 Asset-backed and other amortizing securities — 17,040 — 17,040 Other securities — 10,765 — 10,765 Loans held for sale (mandatory) — 6,615 — 6,615 Mortgage servicing rights — — 26,569 26,569 Asset derivatives — 17,230 — 17,230 Liability derivatives — (432 ) — (432 ) Assets measured at fair value on a non-recurring basis: Loans held for investment — — 1,482 1,482 Securities Mortgage servicing rights Mortgage servicing rights are reported at fair value using Level 3 inputs. The mortgage servicing rights asset is valued by projecting net servicing cash flows, which are then discounted to estimate the fair value. The fair value of the mortgage servicing rights asset is impacted by a variety of factors, including prepayment speeds, default rates, and discount rates, which are significant unobservable inputs. Mortgage servicing rights are the only Level 3 asset measured at fair value on a recurring basis, see Note 8 for the Level 3 change activity for the years ended December 31, 2024, 2023 and 2022. Derivatives Loans held for investment Fair Values of Assets Recorded on a Recurring Basis for which the Fair Value Option has been Elected Loans held for sale (mandatory) Derivatives and Hedging The total fair value option impact on noninterest income for loans held for sale for mandatory delivery is included in Net gain on sales of loans in the Consolidated Statements of Comprehensive Income (Loss). For the years ended December 31, 2024, 2023, and 2022 this amount totaled The following table presents quantitative information about recurring and non-recurring Level 3 fair value measurements at December 31 (dollars in thousands): Fair Value Valuation Techniques Unobservable Inputs Range of Discounts December 31, 2024 Non-recurring Loans held for investment $ 20,566 Third party appraisals or inspections Collateral discounts and selling costs 20 % Recurring: Mortgage servicing rights 26,292 Discounted cash flows Constant prepayment rate 7.16 % Discount rate 10.17 % December 31, 2023 Non-recurring Loans held for investment $ 1,482 Third party appraisals or inspections Collateral discounts and selling costs 20%-100 % Recurring: Mortgage servicing rights 26,569 Discounted cash flows Constant prepayment rate 7.46 % Discount rate 10.66 % The estimated fair values, and related carrying amounts, of the Company’s financial instruments that are not previously disclosed in the recurring fair values section are as follows as of December 31 (dollars in thousands): Carrying Amount Level 1 Level 2 Level 3 Total December 31, 2024 Financial assets: Cash and cash equivalents $ 359,082 $ 359,082 $ — $ — $ 359,082 Loans held for investment, net 3,011,817 — — 2,937,678 2,937,678 Loans held for sale (best efforts) 6,751 — 6,875 — 6,875 Accrued interest receivable 21,687 — 21,687 — 21,687 Financial liabilities: Deposits 3,620,876 — 3,621,106 — 3,621,106 Accrued interest payable 6,108 — 6,108 — 6,108 Junior subordinated deferrable interest debentures 46,393 — 34,285 — 34,285 Subordinated debt 63,961 — 60,969 — 60,969 Carrying Amount Level 1 Level 2 Level 3 Total December 31, 2023 Financial assets: Cash and cash equivalents $ 330,158 $ 330,158 $ — $ — $ 330,158 Loans held for investment, net 2,971,797 — — 2,848,536 2,848,536 Loans held for sale (best efforts) 7,884 — 7,977 — 7,977 Accrued interest receivable 20,881 — 20,881 — 20,881 Financial liabilities: Deposits 3,626,153 — 3,625,321 — 3,625,321 Accrued interest payable 5,057 — 5,057 — 5,057 Junior subordinated deferrable interest debentures 46,393 — 33,098 — 33,098 Subordinated debt 63,775 — 57,497 — 57,497

IMMATERIAL CORRECTION OF PRIOR

IMMATERIAL CORRECTION OF PRIOR PERIOD ERROR	12 Months Ended
	Dec. 31, 2024
IMMATERIAL CORRECTION OF PRIOR PERIOD ERROR [Abstract]
IMMATERIAL CORRECTION OF PRIOR PERIOD ERROR	23. IMMATERIAL CORRECTION OF PRIOR PERIOD ERROR The Company identified an immaterial prior period error in the Consolidated Statements of Cash Flows related to cash flow activity of certain of the Company’s portfolio mortgage loans and third-party brokered loans erroneously being included in the cash flow activity for loans held for sale. The Company assessed the materiality of this change in presentation on prior period consolidated financial statements in accordance with SEC Staff Accounting Bulletin No. 99, “Materiality,” (ASC Topic 250, Accounting Changes and Error Corrections). Based on this assessment, the Company concluded that these error corrections in its Consolidated Statements of Cash Flows are not material to any previously presented consolidated financial statements. The corrections had no impact on the Consolidated Balance Sheets, Consolidated Statements of Comprehensive Income (Loss), or Consolidated Statements of Changes in Stockholders’ Equity, or notes to these consolidated financial statements, for any previously presented interim or annual consolidated financial statements. Accordingly, the Company corrected the previously reported immaterial errors for the year ended December 31, 2022 in this Annual Report on Form 10-K. The financial reporting periods affected by this error include the Company’s previously reported audited consolidated financial statements for the fiscal year ended December 31, 2022. A summary of the immaterial corrections to the Company’s previously reported audited consolidated financial statements follows. Corrected Consolidated Statement of Cash Flows for the Year Ended December 31, 2022 (in thousands): Year Ended December 31, 2022 As Reported Immaterial Correction As Corrected Proceeds from sales of loans held for sale $ 783,212 $ (120,918 ) $ 662,294 Loans originated for sale $ (719,413 ) $ 120,918 $ (598,495 )

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2024
SUBSEQUENT EVENTS [Abstract]
SUBSEQUENT EVENTS	24. SUBSEQUENT EVENTS Dividend Declaration On January 23, 2025, the Company declared a cash dividend of $0.15 per share of common stock to be paid on February 18, 2025 to all shareholders of record as of February 3, 2025.

Cybersecurity Risk Management a

Cybersecurity Risk Management and Strategy Disclosure	12 Months Ended
	Dec. 31, 2024
Cybersecurity Risk Management, Strategy, and Governance [Abstract]
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]	Cybersecurity Risk Management and Strategy Cybersecurity threats have the potential to negatively impact companies of all sizes and complexities. Our normal business operations could be severely disrupted by cyberattacks, both against our own information systems as well as those hosted and managed by our third-party partners. The loss or disclosure of sensitive data as a result of cyberattacks could have a material impact on our business. We have implemented a comprehensive Information Security and Risk Management Program that is designed and maintained to be compliant with all applicable federal and state regulations, and is regularly audited by independent experts to ensure continuous effectiveness and compliance. Key elements of this program include: ● a comprehensive risk management process, integrated with the Enterprise Risk Management system, that continuously assesses, identifies, and manages current and emerging cybersecurity threats and risks, evaluates the effectiveness of information security controls, and reports the overall risk posture to Executive Management and the Board of Directors. ● assessment of daily cyber threat intelligence from multiple sources; ● the use of third-party information security services for continuous monitoring and alerting of information systems, network. and user activity; ● a Vulnerability Management Program that scans networks, devices, and information systems for known cyber vulnerabilities, and initiates processes to mitigate them; ● a third-party risk management program that evaluates and ensures our key partners adhere to the same level of information security posture as we do internally; ● Business Continuity and Incident Response plans that are designed and tested for anticipated operational failures, natural disasters, cyberattacks, and other disruptive events; and ● an Information Security Awareness program to ensure employees and customers maintain an awareness of information security threats and best practices to prevent them.
Cybersecurity Risk Management Processes Integrated [Flag]	true
Cybersecurity Risk Management Processes Integrated [Text Block]	Key elements of this program include: ● a comprehensive risk management process, integrated with the Enterprise Risk Management system, that continuously assesses, identifies, and manages current and emerging cybersecurity threats and risks, evaluates the effectiveness of information security controls, and reports the overall risk posture to Executive Management and the Board of Directors. ● assessment of daily cyber threat intelligence from multiple sources; ● the use of third-party information security services for continuous monitoring and alerting of information systems, network. and user activity; ● a Vulnerability Management Program that scans networks, devices, and information systems for known cyber vulnerabilities, and initiates processes to mitigate them; ● a third-party risk management program that evaluates and ensures our key partners adhere to the same level of information security posture as we do internally; ● Business Continuity and Incident Response plans that are designed and tested for anticipated operational failures, natural disasters, cyberattacks, and other disruptive events; and ● an Information Security Awareness program to ensure employees and customers maintain an awareness of information security threats and best practices to prevent them.
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 Materially Affected or Reasonably Likely to Materially Affect Registrant [Text Block]	The loss or disclosure of sensitive data as a result of cyberattacks could have a material impact on our business.
Cybersecurity Risk Board of Directors Oversight [Text Block]	Information Security Governance The Chief Information Security Officer is primarily responsible for the Information Security and Cyber Risk Management programs, and reports to the Chief Risk Officer. The Chief Technology Officer that oversees the Information Technology Department plays a key role in cybersecurity, ensuring that information systems, networks, and endpoints are configured and operated according to the requirements of the Information Security Program and related policies and standards. Both the current Chief Information Security Officer and Chief Technology Officer have over 20 years of experience in Information Technology and Information Security. The Information Security Committee, consisting of senior management and analysts from Information Security and Information Technology, monitors and assesses cyber threat intelligence, responds to cyber incidents at a technical level, and determines whether new controls are needed to address emerging risks or active cyber exploits. Key Risk Indicators for Information Security and Information Technology are reported to the Operations and Information Technology Steering Committees. Key risks and other relevant information are further summarized for the Board Risk and Audit Committees. The Board also receives a full report on the Information Security Program and its effectiveness annually. Other cyber related issues are brought to the attention of the Board as needed.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]	The Information Security Committee, consisting of senior management and analysts from Information Security and Information Technology, monitors and assesses cyber threat intelligence, responds to cyber incidents at a technical level, and determines whether new controls are needed to address emerging risks or active cyber exploits. Key Risk Indicators for Information Security and Information Technology are reported to the Operations and Information Technology Steering Committees.
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block]	Key Risk Indicators for Information Security and Information Technology are reported to the Operations and Information Technology Steering Committees. Key risks and other relevant information are further summarized for the Board Risk and Audit Committees. The Board also receives a full report on the Information Security Program and its effectiveness annually. Other cyber related issues are brought to the attention of the Board as needed.
Cybersecurity Risk Role of Management [Text Block]	The Chief Information Security Officer is primarily responsible for the Information Security and Cyber Risk Management programs, and reports to the Chief Risk Officer. The Chief Technology Officer that oversees the Information Technology Department plays a key role in cybersecurity, ensuring that information systems, networks, and endpoints are configured and operated according to the requirements of the Information Security Program and related policies and standards. Both the current Chief Information Security Officer and Chief Technology Officer have over 20 years of experience in Information Technology and Information Security.
Cybersecurity Risk Management Positions or Committees Responsible [Flag]	true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block]	The Chief Information Security Officer is primarily responsible for the Information Security and Cyber Risk Management programs, and reports to the Chief Risk Officer. The Chief Technology Officer that oversees the Information Technology Department plays a key role in cybersecurity, ensuring that information systems, networks, and endpoints are configured and operated according to the requirements of the Information Security Program and related policies and standards.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block]	Both the current Chief Information Security Officer and Chief Technology Officer have over 20 years of experience in Information Technology and Information Security.
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block]	The Board also receives a full report on the Information Security Program and its effectiveness annually. Other cyber related issues are brought to the attention of the Board as needed.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag]	true

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 2024
Insider Trading Arrangements [Line Items]
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

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2024
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Nature of Operations	Nature of Operations – South Plains Financial, Inc. (“SPFI”) is a Texas corporation and registered bank holding company that conducts its principal activities through its subsidiaries from offices located throughout Texas and Eastern New Mexico. Principal activities include commercial and retail banking, along with investment, trust, and mortgage services. The following were subsidiaries of SPFI as of December 31, 2024: Wholly-Owned, Consolidated Subsidiaries: City Bank Bank subsidiary Ruidoso Retail, Inc. Non-bank subsidiary CB Provence, LLC Non-bank subsidiary CBT Brushy Creek, LLC Non-bank subsidiary CBT Properties, LLC Non-bank subsidiary Wholly-Owned, Equity Method Subsidiaries: South Plains Financial Capital Trusts (“SPFCT”) III-V Non-bank subsidiaries
Consolidation	The consolidated financial statements include the accounts of SPFI and its wholly-owned consolidated subsidiaries (collectively referred to as the “Company”) identified above. All significant intercompany balances and transactions have been eliminated in consolidation.
Basis of Presentation	The Company’s consolidated financial statements are prepared and presented in accordance with generally accepted accounting principles (“GAAP”) in the U.S. Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”)
Use of Estimates	Use of Estimates – The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Determination of the adequacy of the allowance for credit losses (“ACL”) is a material estimate that is particularly susceptible to significant change in the near term; the assumptions used in stock-based compensation, derivatives, mortgage servicing rights,
Recent Accounting Pronouncements	Accounting Changes and Recent Accounting Pronouncements – Updates to the FASB ASC are prescribed in Accounting Standards Updates (“ASUs”), which are not authoritative until incorporated into the ASC. ASU 2016-13 Financial Instruments - Credit Losses (Topic 326). The FASB issued guidance to replace the incurred loss model with an expected loss model, which is referred to as the current expected credit loss (“CECL”) model. The CECL model is applicable to the measurement of credit losses on financial assets measured at amortized cost, including loan receivables and held to maturity debt securities. The CECL model also applies to off-balance sheet credit exposures not accounted for as insurance (loan commitments, standby letters of credit, financial guarantees, and other similar instruments) and net investments in sales type and direct financing leases recognized by a lessor in accordance with Topic 842 on leases. In addition, Topic 326 made changes to the accounting for securities available for sale. One such change is to require credit losses to be presented as an allowance rather than as a write-down on securities available for sale management does not intend to sell or believes that it is more likely than not they will be required to sell. The Company adopted the CECL model effective January 1, 2023 using the modified retrospective approach. As a result, the Company recognized a one-time, after tax cumulative effect adjustment of $997 thousand that reduced retained earnings, increased the ACL for loans by approximately $100 thousand and increased the ACL for off-balance sheet credit exposures by approximately $1.2 million. The Company made the following policy elections related to the adoption of the CECL model. First, accrued interest will be written off against interest income when financial assets are placed into nonaccrual status. Therefore, accrued interest will be excluded from the amortized cost basis for purposes of calculating the ACL. Accrued interest receivable is presented in a separate line item in the Consolidated Balance Sheets. Second, the fair value of collateral practical expedient has been elected on certain loans in determining the ACL, for which the repayment is expected to be provided substantially through the operation or sale of the collateral when the borrower is experiencing financial difficulty. The impact on the ACL resulting from the adoption of the CECL model is shown below. (Dollars in thousands) January 1, 2023 Pre-Adoption Impact of Adoption Post-Adoption Commercial real estate $ 13,029 $ 827 $ 13,856 Commercial – specialized 3,425 33 3,458 Commercial - general 9,215 (2,574 ) 6,641 Consumer: 1-4 family residential 6,194 1,700 7,894 Auto loans 3,926 (332 ) 3,594 Other consumer 1,376 (235 ) 1,141 Construction 2,123 683 2,806 Total allowance for credit losses on loans $ 39,288 $ 102 $ 39,390 Allowance for credit losses for off-balance sheet exposures $ 580 $ 1,160 $ 1,740 ASU 2022-02 Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures. This ASU eliminates guidance for troubled debt restructurings by creditors and enhances disclosure requirements for certain loan modifications by creditors for borrowers experiencing financial distress. This ASU defines types of modifications as principal forgiveness, interest rate reduction, other than insignificant payment delays, or a term extension. In addition, the ASU requires disclosure of current-period gross charge-offs, by year of origination, in the vintage disclosure. The Company adopted the provisions of ASU 2022-02 as of January 1, 2023 on a prospective basis. The adoption of this amendment did not have a material impact on the consolidated financial statements. ASU 2022-06, Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848 . ASU 2022-06 extended the period of time preparers can utilize the reference rate reform relief guidance provided by ASU 2020-04 and ASU 2021-01. ASU 2022-06, which was effective upon issuance, deferred the sunset date of this prior guidance from December 31, 2022 to December 31, 2024, after which entities will no longer be permitted to apply the relief guidance in Topic 848. The adoption of ASU 2022-06 did not significantly impact the consolidated financial statements and the Company has fully transitioned all products tied to LIBOR. ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. The amendments in this Update require public entities to disclose information about reportable segments’ significant expenses on an interim and annual basis. This update is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. The adoption of ASU 2023-07 did not have a material effect on the Company’s consolidated financial statements. ASU 2023-06, Disclosure Improvements: Codification Amendments in Response to the SEC’s Disclosure Update and Simplification Initiative. The amendments in this Update modify the disclosure or presentation requirements of a variety of Topics in the Codification. Certain of the amendments represent clarifications to, or technical corrections of the current requirements. Each amendment in the ASU will only become effective if the SEC removes the related disclosure or presentation requirement from its existing regulations by June 30, 2027. The amendments in this ASU are not expected to have a material impact on the results of operations or financial position. ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. The amendments in this Update are intended to improve the transparency of income tax disclosures by requiring consistent categories and greater disaggregation of information in the rate reconciliation and income taxes paid disaggregated by jurisdiction. It also includes certain other amendments intended to improve the effectiveness of income tax disclosures. This update is effective for fiscal years beginning after December 15, 2024. The adoption of ASU 2023-09 is not expected to have a material effect on the Company’s consolidated financial statements. ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses. ASU 2024-03 requires public companies to disclose, in the notes to the financial statements, specific information about certain costs and expenses at each interim and annual reporting period. This includes disclosing amounts related to employee compensation, depreciation, and intangible asset amortization. In addition, public companies will need to provide qualitative description of the amounts remaining in relevant expense captions that are not separately disaggregated quantitatively. ASU 2024-03 is effective for public business entities for annual reporting periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027. Implementation of ASU 2024-03 may be applied prospectively or retrospectively. The Company does not expect the adoption of ASU 2024-03 to have a material impact on its consolidated financial statements.
Concentration of Credit Risk	Concentration of Credit Risk – The bank subsidiary is primarily involved in real estate, commercial, agricultural, and consumer lending activities with customers throughout Texas and Eastern New Mexico. Although the bank subsidiary has a diversified portfolio, its debtors’ ability to honor their contracts is substantially dependent upon the general economic conditions of the region which consist primarily of agribusiness, wholesale/retail, oil and gas and related business, healthcare industries, and institutions of higher education.
Comprehensive Income (Loss)	Comprehensive Income – C o
Cash and Cash Equivalents	Cash and Cash Equivalents – The Company includes all cash on hand, balances due from other banks, and federal funds sold, all of which have original maturities within three months, as cash and cash equivalents in the accompanying consolidated financial statements. On March 15, 2020, the Federal Reserve Bank announced that it had reduced regulatory reserve requirements to zero percent effective on March 26, 2020; therefore, no cash is required to be maintained to satisfy regulatory reserve requirements.
Securities	Securities – Investment securities may be classified into trading, held to maturity (“HTM”) or available for sale (“AFS”) portfolios. Securities that are held principally for resale in the near term are classified as trading. Securities that management has the ability and positive intent to hold to maturity are classified as HTM and recorded at amortized cost. Securities not classified as trading or HTM are AFS and are carried at fair value with unrealized gains and losses reported as a component of OCI, net of tax. Gains and losses on sales are recorded on the trade date, are derived from the amortized cost of the security sold and are determined using the specific identification method. A security is placed on nonaccrual status if principal or interest has been in default for a period of 90 days or more, or if full payment of principal and interest is not expected. The Company has made a policy election to exclude accrued interest receivable from the amortized cost basis of AFS securities and report the accrued interest in accrued interest receivable in the Consolidated Balance Sheets. Interest accrued but not received for a security placed on nonaccrual status is reversed against interest income.
ACL (AFS Securities)	ACL (AFS Securities) – For AFS securities in an unrealized loss position, the Company first assesses whether it intends to sell, or it is more likely than not that it 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 income. For AFS securities that do not meet the aforementioned criteria, the Company evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, management considers the extent to which fair value is less than amortized cost, any changes to the rating of the security by rating agency, and adverse conditions specifically related to the security, among other factors. If this assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to 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, a credit loss exists and an ACL is recorded for the credit loss, limited by the amount that the fair value is less than the amortized cost basis. Any impairment that has not been recorded through an ACL is recognized in OCI. Changes in the ACL are recorded as provision for credit losses. Losses are charged against the allowance when management believes the uncollectibility of an AFS security is confirmed or when either of the criteria regarding intent or requirement to sell is met. Accrued interest is excluded from the estimate of credit losses.
Nonmarketable Equity Securities	Nonmarketable Equity Securities – Small Business Investment Company (“SBIC”) investments are equity interests in limited partnerships. The SBIC investments do not have readily determinable fair values and are recorded under the equity method of accounting
Loans	Loans – Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are reported at their amortized cost. Amortized cost is the outstanding unpaid principal balances, net of any unearned income, charge-offs, unamortized deferred fees and costs on originated loans, and unamortized premiums or discounts on purchased loans. The Company has made a policy election to exclude accrued interest from the amortized cost basis of loans and report accrued interest separately from the related loan balance in accrued interest receivable on the Consolidated Balance Sheets. Accrued interest receivable is excluded from the estimate of credit losses. Loans are placed on nonaccrual status when, in management’s opinion, collection of interest is unlikely, which typically occurs when principal or interest payments are more than ninety days past due. When interest accrual is discontinued, all unpaid accrued interest is reversed against interest income. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured.
ACL (Loans)	ACL (Loans) – The ACL is a valuation account established by management as an estimate to cover expected credit losses through a provision for credit losses charged to earnings. Credit losses on loans are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. Expected losses are calculated using comparable and quantifiable information from both internal and external sources about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. Expected credit losses are estimated over the contractual term of the loans and adjusted for expected prepayments. The ACL is evaluated on a quarterly basis by management. The Company applied a dual credit risk rating (“DCRR”) methodology that estimates each loan’s probability of default and loss given default to calculate the expected credit loss to non-analyzed loans. The DCRR process quantifies the expected credit loss at the loan level for the entire loan portfolio. Loan grades are assigned by a customized scorecard that risk rates each loan based on multiple probability of default and loss given default elements to measure the credit risk of the loan portfolio. The ACL estimate incorporates the Company’s DCRR loan level risk rating methodology and the expected default rate frequency term structure to derive loan level life of loan estimates of credit losses for every loan in the portfolio. The estimated credit loss for each loan is adjusted based on its one-year through the cycle estimate of expected credit loss to a life of loan measurement that reflects current conditions and reasonable and supportable forecasts. The life of loan expected loss is determined using the contractual weighted average life of the loan adjusted for prepayments. Prepayment speeds are determined by grouping the loans into pools based on segments and risk rating. After the life of loan expected losses are determined, they are adjusted to reflect the Company’s reasonable and supportable economic forecast over a selected range of one While management uses available information to recognize credit losses on loans, further reductions in the carrying amounts of loans may be necessary based on various factors. In addition, regulatory agencies, as an integral part of their examination process, periodically review the estimated credit losses on loans. Such agencies may require the bank subsidiary to recognize additional credit losses based on their judgments about information available to them at the time of their examination. Because of these factors, it is reasonably possible that the estimated credit losses on loans may change materially in the near term. However, the amount of the change that is reasonably possible cannot be estimated. Loans that exhibit characteristics different from their pool characteristics are evaluated on an individual basis. Loans evaluated individually are not included in the collective ACL evaluation. When management determines that foreclosure is probable, or if certain of these loans are considered to be collateral dependent with the borrower experiencing financial difficulty, the Company elects the fair value of collateral practical expedient, whereby the allowance is calculated as the amount by which the amortized cost exceeds the fair value of collateral, less estimated costs to sell.
ACL (Off-Balance Sheet Credit Exposures)	ACL (Off-Balance Sheet Credit Exposures)
Acquired Loans	Acquired Loans – Loans that the Company acquires in connection with business combinations are recorded at fair value with no carryover of the acquired entity’s related ACL. The fair value of the acquired loans involves estimating the amount and timing of principal and interest cash flows expected to be collected on the loans and discounting those cash flows at a market rate of interest, adjusted for estimated prepayments and credit losses. In accordance with Topic 326, the fair value adjustment is recorded as premium or discount to the unpaid principal balance of each acquired loan. In addition, the Company also records an ACL on each acquired loan. Any acquired loans the Company determines have evidence of a more than insignificant deterioration in credit quality since origination, are considered to be purchase credit deteriorated (“PCD”) loans. The Company evaluates acquired loans for deterioration in credit quality based on any of, but not limited to, the following: (i) non-accrual status; (ii) risk rating, (iii) watchlist credits; and (iv) delinquency status. An ACL is determined using the same methodology as other individually evaluated loans. The sum of the PCD loan’s purchase price and ACL becomes its initial amortized cost basis. The difference between the initial amortized cost basis and the par value of the loan is a non-credit discount or premium, which is amortized into interest income over the life of the loan. Subsequent changes to the ACL are recorded through provision for credit losses.
Mortgage Servicing Rights	Mortgage Servicing Rights – When mortgage loans are sold with servicing retained, servicing rights are initially recorded at fair value with the income statement effect recorded in net gain on sale of loans. Fair value is based on market prices for comparable mortgage servicing contracts, when available, or alternatively, is based on a valuation model that calculates present value of estimated future servicing income. Under the fair value measurement method, the Company measures servicing rights at fair value at each reporting date and reports changes in the fair value of servicing rights in earnings in the period in which the changes occur, and are included with Other mortgage banking income in the consolidated financial statements. Servicing fee income, which is reported in the consolidated financial statements Other mortgage banking income
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 the Company, the transferee obtains the right to pledge or exchange the transferred assets, and the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before maturity.
Loans Held for Sale	Loans Held for Sale – Loans held for sale are comprised of residential mortgage loans. Loans that are originated for best efforts delivery are carried at the lower of aggregate cost or fair value as determined by aggregate outstanding commitments from investors or current investor yield requirements. All other loans held for sale are carried at fair value under the fair value option
Premises and Equipment	Premises and Equipment – Land is carried at cost. Buildings and equipment are carried at cost, less accumulated depreciation computed on the straight-line method. Buildings and improvements are depreciated on a useful life up to 40 years. Furniture and equipment are depreciated on a useful life between 3 to 10 years.
Foreclosed Assets	Foreclosed Assets – Assets acquired through, or in lieu of, loan foreclosure or repossession are held for sale and are initially recorded at fair value less estimated selling costs when acquired, establishing
Bank-Owned Life Insurance	Bank-Owned Life Insurance – The bank subsidiary has purchased life insurance policies on various officers and also is the beneficiary. These policies are issued by third party insurance companies. Assets are carried at the cash surrender value and changes in the cash surrender values are recognized in other noninterest income in the accompanyi ng consolidated financial statements
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets – Goodwill resulting from business combinations 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 is not amortized, but is tested for impairment on October 31 of each year or more frequently if events and circumstances exist that indicate that an impairment test should be performed. There was no impairment recorded for the years ended December 31, 2024, 2023 and 2022. Core deposit intangible (“CDI”) is a measure of the value of checking and savings deposit relationships acquired in a business combination. The fair value of the CDI stemming from any given business combination is based on the present value of the expected cost savings attributable to the core deposit funding relative to an alternative source of funding. CDI is amortized over the estimated useful lives of the existing deposit relationships acquired, but does not exceed 10 years. Substantially all CDI is amortized using the sum of the years’ digits method.
Mortgage Banking Derivatives	Mortgage Banking Derivatives – Commitments to fund mortgage loans (interest rate locks) to be sold into the secondary market, forward commitments for the future delivery of these mortgage loans, and forward sales of mortgage-backed securities are accounted for as free-standing derivatives. At the time of the interest rate lock, the Company determines whether the loan will be sold through a best efforts contract or a mandatory delivery contract. These mortgage banking derivatives are not designated in hedge relationships. In order to hedge the change in interest rates resulting from the commitments to fund the loans that will be sold through a best efforts contract, the Company enters into forward loans sales commitments for the future delivery of mortgage loans when interest rate locks are entered. At inception, these interest rate locks and the related forward loan sales commitments, adjusted for the expected exercise of the commitment before the loan is funded, are recorded with a zero value. Subsequent changes in fair value are estimated based on changes in mortgage interest rates from the date the interest rate on the loan is locked. In order to hedge the change in interest rates resulting from all other mortgage commitments to fund loans, the Company enters into forward sales of mortgage-backed securities contracts. At inception, these interest rate locks are recorded at fair value and are adjusted for the expected exercise of the commitment before the loan is funded. Subsequent changes in fair value are estimated based on changes in mortgage interest rates from the date the interest rate on the loan is locked. Changes in the fair values of these derivatives are included in net gain on sales of loans in the consolidated financial statements
Derivatives	Derivatives – At the inception of a derivative contract, the Company designates the derivative as one of three types based on the Company’s intentions 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 (“stand-alone derivative”). 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 current earnings as fair values change. For a cash flow hedge, the gain or loss on the derivative is reported in OCI and is reclassified into earnings in the same periods during which the hedged transaction affects earnings. For both types of hedges, changes in the fair value of derivatives that are not highly effective in hedging the changes in fair value or expected cash flows of the hedged item are recognized immediately in current earnings. Changes in the fair value of derivatives that do not qualify for hedge accounting are reported currently in earnings, as noninterest income. Net cash settlements on derivatives that qualify for hedge accounting are recorded in interest income or interest expense, based on the item being hedged. Net cash settlements on derivatives that do not qualify for hedge accounting are reported in noninterest income. Cash flows on hedges are classified in the cash flow statement the same as the cash flows of the items being hedged. The Company formally documents 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 balance sheet or to specific firm commitments or forecasted transactions. The Company also formally assesses, both at the hedge’s inception and on an ongoing basis, whether the derivative instruments that are used are highly effective in offsetting changes in fair values or cash flows of the hedged items. The Company discontinues hedge accounting when it determines 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 as noninterest income. 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 OCI are amortized into earnings over the same periods which the hedged transactions will affect earnings.
Leases	Leases – During the second quarter of 2022, the Company adopted Accounting Standards Update (“ASU”) No. 2016-02 — Leases (Topic 842), effective as of January 1, 2022, using the alternative transition method under the option to apply the lease standard at its effective date without adjusting the prior period comparative financial statements. The Company elected the package of practical expedients to not reassess: (i) whether any existing contracts are or contain a lease, (ii) the lease classification of any existing leases, and (iii) initial direct costs related to existing leases. The Company also elected to apply additional practical expedients to include both the lease and nonlease components of all leases as a single component and account for it as a lease and to use hindsight for leases existing at the adoption date. The Company recorded a $9.4 million right-of-use (“ROU”) asset, offset by a $10.3 million lease liability, and a $717 thousand, net of tax, cumulative effect adjustment that reduced retained earnings. Th Company determines if an arrangement is a lease at inception. Operating leases with a term of greater than one year are included in other assets and other liabilities on the Company’s Consolidated Balance Sheets. Finance leases, if any, are included in premises and equipment and other liabilities on the Company’s Consolidated Balance Sheets. The Company has lease agreements with lease and nonlease components, which are generally accounted for as a single lease component. The Company has made an accounting policy election not to recognize short-term lease assets and liabilities (less than a 12-month term) or equipment leases (deemed not significant) on its Consolidated Balance Sheets; instead, the Company recognizes the lease expense for these leases on a straight-line basis over the life of the lease. ROU assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent its obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized on the lease commencement date based on the present value of lease payments over the lease term. As most of the Company’s leases do not provide an implicit rate, the Company uses an estimated incremental collateralized borrowing rate at lease inception, on a collateralized basis, over a similar term, when determining the present value of lease payments. No significant judgments or assumptions were involved in developing the estimated operating lease liabilities as the Company’s operating lease liabilities largely represent the future rental expenses associated with operating leases, and the incremental borrowing rates are based on publicly available interest rates. The operating lease ROU asset also includes any lease payments made and excludes lease incentives. The Company’s lease terms may include options to extend or terminate the lease. These options to extend or terminate are assessed on a lease-by-lease basis, and the ROU assets and lease liabilities are adjusted when it is reasonably certain that an option will be exercised. Rental expense for lease payments is recognized on a straight-line basis over the lease term and is included in occupancy and equipment, net within our Consolidated Statements of Comprehensive Income (Loss).
Revenue Recognition	Revenue Recognition The majority of the Company’s revenues come from interest income and other sources, including loans, securities and derivatives, that are outside the scope of Topic 606. The Company’s services that fall within the scope of Topic 606 are presented within Noninterest Income and are recognized as revenue as the Company satisfies its obligation to the customer. Services within the scope of Topic 606 include service charges on deposit accounts, bank card services and interchange fees, investment commissions, fiduciary fees, and the sale of other real estate owned (“OREO”). Substantially all of the Company’s revenue is generated from contracts with customers. Noninterest income streams within the scope of Topic 606 are discussed below. Service Charges on Deposit Accounts The Company earns fees from its deposit customers for transaction-based, account maintenance, and overdraft services. Transaction-based fees, which include services such as stop payment charges, statement rendering, and ACH fees, are recognized at the time the transaction is executed as that is the point in time the Company fulfills the customer’s request. Account maintenance fees, which relate primarily to monthly maintenance, are earned over the course of a month, representing the period over which the Company satisfies the performance obligation. Overdraft fees are recognized at the point in time that the overdraft occurs. Service charges on deposits are withdrawn from the customer’s account balance. Bank Card Services and Interchange Fees The Company earns bank card service and interchange fees from debit and credit cardholder transactions conducted through card payment networks. Interchange fees from cardholder transactions represent a percentage of the underlying transaction value and are recognized daily, concurrently with the transaction processing services provided to the cardholder. Bank card services income mainly represents fees charged to merchants to process their debit and credit card transactions, in addition to account management fees and service fees such as ATM use fees and are recognized at the time the transaction is executed. Investment Commissions and Fiduciary Trust Fees The Company earns investment commissions and fiduciary trust fees from its contracts with trust customers to manage assets for investment, and/or to transact on their accounts. These fees are primarily earned over time as the Company provides the contracted monthly or quarterly services and are generally assessed based on a tiered scale of the market value of assets under management (AUM) at month-end. Fees that are transaction based, including trade execution services, are recognized at the point in time that the transaction is executed, i.e., the trade date. Other related services provided include financial planning services and the fees the Company earns, which are based on a fixed fee schedule, are recognized when the services are rendered. In addition, certain trust customers have contracted with the Company to provide trust dissolution services, which are based on a unitary management fee treated as a single performance obligation. The Company’s performance obligation is satisfied over time-based on the customer simultaneously receiving and consuming the benefits of the Company’s service. The unitary management fee is treated as variable consideration and is evaluated and included in the transaction price at the end of each reporting period (quarterly). Revenue is recognized based on a reasonable time-based measure of progress towards the Company’s complete satisfaction of the performance obligation at the end of each respective reporting period, with the unearned amount based on progress measure being included in deferred contract liability. This variable consideration and the amount of revenue recognized is evaluated quarterly until the Company has entirely fulfilled its performance obligation, at which time the remaining unearned revenue is recognized. Gains/Losses on Sales of OREO The Company records a gain or loss from the sale of OREO when control of the property transfers to the buyer, which generally occurs at the time of an executed deed. When the Company finances the sale of OREO to the buyer, the Company assesses whether the buyer is committed to perform their obligations under the contract and whether collectability of the transaction price is probable. Once these criteria are met, the OREO asset is derecognized and the gain or loss on sale is recorded upon the transfer of control of the property to the buyer. In determining the gain or loss on the sale, the Company adjusts the transaction price and related gain (loss) on sale if a significant financing component is present. Contract Balances A contract asset balance occurs when an entity performs a service for a customer before the customer pays consideration (resulting in a contract receivable) or before payment is due (resulting in a contract asset). A contract liability balance is an entity’s obligation to transfer a service to a customer for which the entity has already received payment (or payment is due) from the customer. The Company’s noninterest revenue streams are largely based on transactional activity, or standard month-end revenue accruals. Consideration is often received immediately or shortly after the Company satisfies its performance obligation and revenue is recognized. The Company does not typically enter into long-term revenue contracts with customers, and therefore, does not experience significant contract balances. The Company did not have any significant contract balances at December 31, 2024 and 2023. Contract Acquisition Costs In connection with the adoption of Topic 606, an entity is required to capitalize, and subsequently amortize into expense, certain incremental costs of obtaining a contract with a customer if these costs are expected to be recovered. The incremental costs of obtaining a contract are those costs that an entity incurs to obtain a contract with a customer that it would not have incurred if the contract had not been obtained (for example, sales commission). The Company utilizes the practical expedient which allows entities to immediately expense contract acquisition costs when the asset that would have resulted from capitalizing these costs would have been amortized in one year or less. Upon adoption of Topic 606, the Company did not capitalize any contract acquisition cost. Insurance Activities The Company’s revenue from insurance activities ceased subsequent to the sale of Windmark. The primary source of revenues for insurance activities were commissions from underwriting enterprises, based on a percentage of premiums paid by clients. These commissions and fees revenues were substantially recognized at a point in time on the effective date of the associated policies when control of the policy transferred to the client. Commissions were fixed at the contract effective date and generally were based on a percentage of premiums for insurance coverage. Commissions depended upon a large number of factors, including the type of risk being placed, the particular underwriting enterprise’s demand, the expected loss experience of the particular risk of coverage, and historical benchmarks surrounding the level of effort necessary for us to place and service the insurance contract.
Stock-Based Compensation	Stock-Based Compensation – The Company sponsors an equity incentive plan under which options to acquire shares of the Company’s common stock may be granted periodically to all full-time employees and directors of the Company or its affiliates at a specific exercise price. Shares are issued out of authorized and unissued common shares that have been reserved for issuance under such plan. Compensation cost is measured based on the estimated fair value of the award at the grant date and is recognized in earnings on a straight-line basis over the requisite service period. The fair value of stock options is estimated at the date of grant using a closed form option valuation (“Black-Scholes”) option pricing model. This model requires assumptions as to the expected stock volatility, dividends, terms and risk-free rates. The expected volatility is based on the combination of the Company’s historical volatility and the volatility of comparable peer banks. The expected term represents the period of time that options are expected to be outstanding from the grant date. The risk-free interest rate is based on the U.S. Treasury yield curve in effect at the time of grant for the appropriate life of each stock option.
Advertising	Advertising – Advertising costs are recognized when incurred. Advertising costs during 2024, 2023, and 2022 were approximately $3.3 million, $2.9 million, and $3.1 million, respectively.
Income Taxes	Income Taxes – The Company files a consolidated federal income tax return including the results of its wholly owned subsidiary, the Bank. The Company estimates income taxes payable based on the amount it expects to owe. Income tax expense is the total of the current year income tax due or refundable and the change in deferred tax assets and liabilities (excluding deferred tax assets and liabilities related to components of OCI). Deferred tax assets and liabilities are the expected future tax amounts for the temporary differences between carrying amounts and tax bases of assets and liabilities, computed using enacted tax rates. A valuation allowance, if needed, reduces deferred tax assets to the expected amount most likely to be realized. Realization of deferred tax assets is dependent upon the generation of a sufficient level of future taxable income. Although realization is not assured, management believes it is more likely than not that all of the deferred tax assets will be realized. Interest and/or penalties related to income taxes are reported as a component of income tax expense. 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. For tax positions not meeting the “more likely than not” test, no tax benefit is recorded. The State of Texas franchise tax is an income tax for financial reporting purposes under GAAP and the Company and its subsidiaries are subject to the modified tax as a combined group.
Earnings per Share	Earnings per Share – Basic earnings per share is net income divided by the weighted average number of common shares outstanding during the period.
Fair Values of Financial Instruments	Fair Values of Financial Instruments – Fair values of financial instruments are estimated using relevant market information and other assumptions, as more fully described in Note 22. Fair value estimates involve uncertainties and matters of significant judgment. Changes in assumptions or in market conditions could significantly affect estimates.
Trust Assets	Trust Assets – Custodial assets of City Bank’s trust department, other than cash on deposit at City Bank, if any, are not included in the accompanying consolidated financial statements because they are not assets of City Bank.
Subsequent Events	Subsequent Events The

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2024
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Subsidiaries Information	The following were subsidiaries of SPFI as of December 31, 2024: Wholly-Owned, Consolidated Subsidiaries: City Bank Bank subsidiary Ruidoso Retail, Inc. Non-bank subsidiary CB Provence, LLC Non-bank subsidiary CBT Brushy Creek, LLC Non-bank subsidiary CBT Properties, LLC Non-bank subsidiary Wholly-Owned, Equity Method Subsidiaries: South Plains Financial Capital Trusts (“SPFCT”) III-V Non-bank subsidiaries
Impact on ACL from Adoption of the CECL	The impact on the ACL resulting from the adoption of the CECL model is shown below. (Dollars in thousands) January 1, 2023 Pre-Adoption Impact of Adoption Post-Adoption Commercial real estate $ 13,029 $ 827 $ 13,856 Commercial – specialized 3,425 33 3,458 Commercial - general 9,215 (2,574 ) 6,641 Consumer: 1-4 family residential 6,194 1,700 7,894 Auto loans 3,926 (332 ) 3,594 Other consumer 1,376 (235 ) 1,141 Construction 2,123 683 2,806 Total allowance for credit losses on loans $ 39,288 $ 102 $ 39,390 Allowance for credit losses for off-balance sheet exposures $ 580 $ 1,160 $ 1,740

SECURITIES (Tables)

SECURITIES (Tables)	12 Months Ended
	Dec. 31, 2024
SECURITIES [Abstract]
Amortized Cost and Fair Value of Securities with Gross Unrealized Gains and Losses	The amortized cost, related gross unrealized gains and losses, allowance for credit losses, and estimated fair value of securities available for sale at year-end follows (dollars in thousands): Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Allowance for Credit Losses Fair Value December 31 2024 Available for sale: State and municipal $ 199,588 $ 1 $ (26,292 ) $ — $ 173,297 Residential mortgage-backed securities 321,021 — (56,925 ) — 264,096 Commercial mortgage-backed securities 46,601 — (6,241 ) — 40,360 Commercial collateralized mortgage obligations 73,697 — (214 ) — 73,483 Asset-backed and other amortizing securities 16,107 — (1,526 ) — 14,581 Other securities 12,000 — (577 ) — 11,423 $ 669,014 $ 1 $ (91,775 ) $ — $ 577,240 December 31 2023 Available for sale: State and municipal $ 202,814 $ 2 $ (22,241 ) $ — $ 180,575 Residential mortgage-backed securities 351,251 — (50,547 ) — 300,704 Commercial mortgage-backed securities 47,898 — (6,150 ) — 41,748 Commercial collateralized mortgage obligations 72,391 — (461 ) — 71,930 Asset-backed and other amortizing securities 18,476 — (1,436 ) — 17,040 Other securities 12,000 — (1,235 ) — 10,765 $ 704,830 $ 2 $ (82,070 ) $ — $ 622,762
Amortized Cost and Fair Value of Securities by Contractual Maturity	The amortized cost and estimated fair value of securities at December 31, 2024 are presented below by contractual maturity (dollars in thousands). Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations. Declining-balance securities are shown separately since they are not due at a single maturity date. Available for Sale Amortized Cost Fair Value Within 1 year $ 2,919 $ 2,899 After 1 year through 5 years 4,508 4,376 After 5 years through 10 years 20,909 19,548 After 10 years 183,252 157,897 Declining-balance securities 457,426 392,520 $ 669,014 $ 577,240
Securities with Unrealized Losses Segregated by the Period in a Loss Position	The following table segregates securities with unrealized losses at year-end, by the duration they have been in a loss position for which an allowance for credit losses has not been recorded (dollars in thousands): Less than 12 Months 12 Months or More Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss December 31, 2024 State and municipal $ 205 $ 1 $ 171,306 $ 26,291 $ 171,511 $ 26,292 Residential mortgage-backed securities 8 — 264,088 56,925 264,096 56,925 Commercial mortgage-backed securities — — 40,360 6,241 40,360 6,241 Commercial collateralized mortgage obligations 73,483 214 — — 73,483 214 Asset-backed and other amortizing securities — — 14,581 1,526 14,581 1,526 Other securities — — 11,423 577 11,423 577 $ 73,696 $ 215 $ 501,758 $ 91,560 $ 575,454 $ 91,775 December 31, 2023 State and municipal $ 207 $ — $ 177,908 $ 22,241 $ 178,115 $ 22,241 Residential mortgage-backed securities 9 — 300,695 50,547 300,704 50,547 Commercial mortgage-backed securities — — 41,748 6,150 41,748 6,150 Commercial collateralized mortgage obligations — — 71,930 461 71,930 461 Asset-backed and other amortizing securities — — 17,040 1,436 17,040 1,436 Other securities 3,286 214 7,479 1,021 10,765 1,235 $ 3,502 $ 214 $ 616,800 $ 81,856 $ 620,302 $ 82,070

LOANS HELD FOR INVESTMENT (Tabl

LOANS HELD FOR INVESTMENT (Tables)	12 Months Ended
	Dec. 31, 2024
LOANS HELD FOR INVESTMENT [Abstract]
Summary of Loans Held for Investment by Category	Loans held for investment are summarized by category at year-end as follows (dollars in thousands): December 31, 2024 December 31, Commercial real estate $ 1,119,063 $ 1,081,056 Commercial - specialized 388,955 372,376 Commercial - general 557,371 517,361 Consumer: 1-4 family residential 566,400 534,731 Auto loans 254,474 305,271 Other consumer 64,936 74,168 Construction 103,855 129,190 3,055,054 3,014,153 Allowance for credit losses on loans (43,237 ) (42,356 ) Loans, net $ 3,011,817 $ 2,971,797
Activity in ACL for Loans and Investment in Loans Disaggregated Based on Method of Evaluating Impairment	The following table details the activity in the ACL for the years ended December 31, 2024, 2023, and 2022 (dollars in thousands). Allocation of a portion of the allowance to one category of loans does not preclude its availability to absorb losses in other categories. Beginning Balance Provision for Credit Losses (1) Charge-offs Recoveries Ending Balance For the year ended December 31, 2024 Commercial real estate $ 15,808 $ 207 $ (87 ) $ 45 $ 15,973 Commercial - specialized 4,020 540 — 80 4,640 Commercial - general 6,391 1,393 (1,082 ) 172 6,874 Consumer: 1-4 family residential 9,177 669 (175 ) 6 9,677 Auto loans 3,601 465 (1,186 ) 135 3,015 Other consumer 968 1,204 (1,257 ) 200 1,115 Construction 2,391 (138 ) (315 ) 5 1,943 $ 42,356 $ 4,340 $ (4,102 ) $ 643 $ 43,237 (1) The $4.3 million provision for credit loss on the Consolidated Statement of Comprehensive Income (Loss) includes a $4.3 million provision for credit losses on loans and a $(40) thousand provision for off-balance sheet credit exposures for the year ended December 31, 2024. Beginning Balance Impact of CECL Adoption Provision for Credit Losses (1) Charge-offs Recoveries Ending Balance For the year ended December 31, 2023 Commercial real estate $ 13,029 $ 827 $ 1,952 $ — $ — $ 15,808 Commercial - specialized 3,425 33 398 (11 ) 175 4,020 Commercial - general 9,215 (2,574 ) 42 (469 ) 177 6,391 Consumer: 1-4 family residential 6,194 1,700 1,278 (1 ) 6 9,177 Auto loans 3,926 (332 ) 698 (888 ) 197 3,601 Other consumer 1,376 (235 ) 688 (1,140 ) 279 968 Construction 2,123 683 (96 ) (319 ) — 2,391 $ 39,288 $ 102 $ 4,960 $ (2,828 ) $ 834 $ 42,356 (1) The $4.6 million provision for credit loss on the Consolidated Statement of Comprehensive Income (Loss) includes a $5.0 million provision for credit losses on loans and a $(350) thousand provision for off-balance sheet credit exposures for the year ended December 31, 2024. Beginning Balance Provision for Credit Losses Charge-offs Recoveries Ending For the year ended December 31, 2022 Commercial real estate $ 17,245 $ (4,634 ) $ — $ 418 $ 13,029 Commercial - specialized 4,363 (1,745 ) (199 ) 1,006 3,425 Commercial - general 8,466 627 (328 ) 450 9,215 Consumer: 1-4 family residential 5,268 1,026 (140 ) 40 6,194 Auto loans 3,653 637 (508 ) 144 3,926 Other consumer 1,357 932 (1,167 ) 254 1,376 Construction 1,746 538 (166 ) 5 2,123 $ 42,098 $ (2,619 ) $ (2,508 ) $ 2,317 $ 39,288 During the year ended December 31, 2024, the provision for credit losses on loans of $4.3 million was driven primarily by organic loan growth experienced during 2024 and net charge-offs of $3.5 million during the year. The following table shows the Company’s amortized cost in loans and related ACL for collateral dependent loans by class using the fair value of collateral loss estimation methodology of evaluating expected credit losses at the dates indicated (dollars in thousands). Equipment Real Estate Accounts Receivable Total Loans Individually Evaluated Total ACL for Individually Evaluated Loans December 31, 2024 Commercial real estate $ — $ 19,543 $ — $ 19,543 $ 552 Commercial - specialized — — — — — Commercial - general — — — — — Consumer: 1-4 family residential — — — — — Auto loans — — — — — Other consumer — — — — — Construction — 1,575 — 1,575 — $ — $ 21,118 $ — $ 21,118 $ 552 December 31, 2023 Commercial real estate $ — $ — $ — $ — $ — Commercial - specialized — — — — — Commercial - general 353 691 — 1,044 142 Consumer: 1-4 family residential — 362 — 362 — Auto loans — — — — — Other consumer — — — — — Construction — 218 — 218 — $ 353 $ 1,271 $ — $ 1,624 $ 142
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans	The table below provides an age analysis on accruing past-due loans and nonaccrual loans at the dates indicated (dollars in thousands): 30-89 Days Past Due 90 Days or More Past Due Total Nonaccrual Nonaccrual with no ACL December 31, 2024 Commercial real estate $ 594 $ 96 $ 19,543 $ — Commercial - specialized 1,770 240 105 — Commercial - general 1,374 244 180 — Consumer: 1-4 Family residential 1,966 1,042 676 — Auto loans 1,004 114 — — Other consumer 1,125 185 23 — Construction 95 — 1,575 1,575 $ 7,928 $ 1,921 $ 22,102 $ 1,575 December 31, 2023 Commercial real estate $ 499 $ 86 $ — $ — Commercial - specialized 521 — 213 — Commercial - general 1,316 296 953 — Consumer: 1-4 Family residential 793 1,390 1,828 362 Auto loans 1,208 60 — — Other consumer 1,134 103 30 — Construction 759 — 218 218 $ 6,230 $ 1,935 $ 3,242 $ 580
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year and Gross Charge-offs	The following table reflects the amortized cost basis in loans by credit quality indicator and origination year at the dates indicated, and gross charge-offs for the years ended December 31, 2024 and 2023, excluding loans held for sale. Loans acquired are shown in the table by origination year, not merger date. The Company had an immaterial amount of revolving loans converted to term loans at December 31, 2024 and 2023. Term Loans Amortized Cost Basis by Origination Year December 31, 2024 (Dollars in thousands) 2024 2023 2022 2021 2020 Prior Revolving Loans Total Commercial real estate: Pass $ 164,205 $ 233,047 $ 300,828 $ 126,548 $ 43,628 $ 175,319 $ 6,417 $ 1,049,992 Special mention — — — 32,243 441 5,464 483 38,631 Substandard — — 147 25,164 3,125 2,004 — 30,440 Total commercial real estate loans $ 164,205 $ 233,047 $ 300,975 $ 183,955 $ 47,194 $ 182,787 $ 6,900 $ 1,119,063 Current period gross charge-offs $ — $ — $ 65 $ — $ — $ 22 $ — $ 87 Commercial - specialized: Pass $ 103,288 $ 60,881 $ 37,940 $ 41,721 $ 15,678 $ 28,488 $ 98,092 $ 386,088 Special mention 214 — 1,600 — — — — 1,814 Substandard 510 — 85 84 297 77 — 1,053 Total commercial - specialized loans $ 104,012 $ 60,881 $ 39,625 $ 41,805 $ 15,975 $ 28,565 $ 98,092 $ 388,955 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Commercial - general: Pass $ 107,947 $ 72,500 $ 109,808 $ 65,564 $ 29,808 $ 82,909 $ 78,321 $ 546,857 Special mention — — 960 554 — 499 200 2,213 Substandard 98 463 2,405 4,427 19 805 84 8,301 Total commercial - general loans $ 108,045 $ 72,963 $ 113,173 $ 70,545 $ 29,827 $ 84,213 $ 78,605 $ 557,371 Current period gross charge-offs $ — $ 199 $ 466 $ 17 $ — $ 134 $ 266 $ 1,082 Consumer: 1-4 family residential: Pass $ 87,266 $ 101,022 $ 150,358 $ 91,929 $ 49,057 $ 73,730 $ 5,800 $ 559,162 Special mention — — — — — — — — Substandard — 810 284 1,057 225 4,812 50 7,238 Total consumer: 1-4 family residential loans $ 87,266 $ 101,832 $ 150,642 $ 92,986 $ 49,282 $ 78,542 $ 5,850 $ 566,400 Current period gross charge-offs $ — $ — $ 121 $ 51 $ — $ 3 $ — $ 175 Consumer: auto loans: Pass $ 70,621 $ 72,009 $ 76,412 $ 25,869 $ 7,293 $ 1,931 $ — $ 254,135 Special mention — — — — — — — — Substandard 21 28 82 179 4 25 — 339 Total consumer: auto loans $ 70,642 $ 72,037 $ 76,494 $ 26,048 $ 7,297 $ 1,956 $ — $ 254,474 Current period gross charge-offs $ 23 $ 386 $ 519 $ 198 $ 25 $ 35 $ — $ 1,186 Consumer: other consumer: Pass $ 23,665 $ 12,969 $ 14,790 $ 5,477 $ 1,232 $ 5,382 $ 1,324 $ 64,839 Special mention — — — — — — — — Substandard — — 8 47 — 42 — 97 Total consumer: other consumer loans $ 23,665 $ 12,969 $ 14,798 $ 5,524 $ 1,232 $ 5,424 $ 1,324 $ 64,936 Current period gross charge-offs (1) $ 469 $ 308 $ 245 $ 43 $ 29 $ 145 $ 18 $ 1,257 Construction: Pass $ 65,920 $ 30,572 $ 2,172 $ 2,630 $ — $ — $ 891 $ 102,185 Special mention — — — — — — — — Substandard — 1,190 480 — — — — 1,670 Total construction loans $ 65,920 $ 31,762 $ 2,652 $ 2,630 $ — $ — $ 891 $ 103,855 Current period gross charge-offs $ — $ 315 $ — $ — $ — $ — $ — $ 315 (1) Includes $457 thousand in charged-off demand deposit overdrafts reported as 2024 originations. Term Loans Amortized Cost Basis by Origination Year December 31, 2023 (Dollars in thousands) 2023 2022 2021 2020 2019 Prior Revolving Loans Total Commercial real estate: Pass $ 254,766 $ 324,601 $ 189,211 $ 50,660 $ 47,988 $ 174,859 $ 3,842 $ 1,045,927 Special mention — — — 11,677 — — — 11,677 Substandard — 82 21,152 1,699 149 370 — 23,452 Total commercial real estate loans $ 254,766 $ 324,683 $ 210,363 $ 64,036 $ 48,137 $ 175,229 $ 3,842 $ 1,081,056 Current period gross charge-offs $ — $ — $ — $ — $ — $ — $ — $ — Commercial - specialized: Pass $ 117,912 $ 56,152 $ 57,839 $ 19,883 $ 10,376 $ 22,758 $ 83,368 $ 368,288 Special mention — 2,938 — — — — 300 3,238 Substandard — 105 196 393 19 137 — 850 Total commercial - specialized loans $ 117,912 $ 59,195 $ 58,035 $ 20,276 $ 10,395 $ 22,895 $ 83,668 $ 372,376 Current period gross charge-offs $ — $ — $ — $ 11 $ — $ — $ — $ 11 Commercial - general: Pass $ 88,911 $ 128,627 $ 90,957 $ 35,794 $ 45,660 $ 68,990 $ 44,131 $ 503,070 Special mention — — — — — 1,565 250 1,815 Substandard 201 2,930 4,676 227 2,749 1,442 251 12,476 Total commercial - general loans $ 89,112 $ 131,557 $ 95,633 $ 36,021 $ 48,409 $ 71,997 $ 44,632 $ 517,361 Current period gross charge-offs $ — $ 47 $ 50 $ 33 $ 18 $ 321 $ — $ 469 Consumer: 1-4 family residential: Pass $ 113,897 $ 156,549 $ 106,619 $ 51,940 $ 31,345 $ 56,666 $ 3,770 $ 520,786 Special mention — — — — — — — — Substandard 376 382 4,238 708 3,758 4,483 — 13,945 Total consumer: 1-4 family residential loans $ 114,273 $ 156,931 $ 110,857 $ 52,648 $ 35,103 $ 61,149 $ 3,770 $ 534,731 Current period gross charge-offs $ — $ — $ 1 $ — $ — $ — $ — $ 1 Consumer: auto loans: Pass $ 106,149 $ 124,588 $ 48,686 $ 16,524 $ 6,812 $ 1,935 $ — $ 304,694 Special mention — — — — — — — — Substandard 16 189 199 60 81 32 — 577 Total consumer: auto loans $ 106,165 $ 124,777 $ 48,885 $ 16,584 $ 6,893 $ 1,967 $ — $ 305,271 Current period gross charge-offs $ 113 $ 377 $ 254 $ 14 $ 49 $ 81 $ — $ 888 Consumer: other consumer: Pass $ 23,719 $ 26,899 $ 10,198 $ 3,190 $ 2,539 $ 6,107 $ 1,364 $ 74,016 Special mention — — — — — — — — Substandard — 13 44 10 — 84 1 152 Total consumer: other consumer loans $ 23,719 $ 26,912 $ 10,242 $ 3,200 $ 2,539 $ 6,191 $ 1,365 $ 74,168 Current period gross charge-offs (1) $ 624 $ 244 $ 88 $ 32 $ 72 $ 80 $ — $ 1,140 Construction: Pass $ 61,903 $ 53,930 $ 5,511 $ 331 $ — $ — $ 6,250 $ 127,925 Special mention 131 — 820 — — — — 951 Substandard — 314 — — — — — 314 Total construction loans $ 62,034 $ 54,244 $ 6,331 $ 331 $ — $ — $ 6,250 $ 129,190 Current period gross charge-offs $ 48 $ — $ 271 $ — $ — $ — $ — $ 319 (1) Includes $574 thousand in charged-off demand deposit overdrafts reported as 2023 originations.
Amortized Cost Basis of Loans Modified to Borrowers Experiencing Financial Difficulty and Financial Effects of Loan Modifications	The following table presents the amortized cost basis of loans at December 31, 2024 and 2023 that were both experiencing financial difficulty and modified during the years ended December 31, 2024 and 2023, by class and by type of modification . Payment Delay Term Extension Rate Reduction Term Extension and Payment Delay Term Extension and Interest Rate Reduction Payment Delay and Interest Rate Reduction Payment Delay, Term Extension, and Interest Rate Reduction Total Class of Financing Receivable December 31, 2024 Commercial real estate $ 74 $ 65 $ — $ — $ — $ — $ — 0.01 % Commercial - specialized 13 — — — — — — — Commercial - general — 428 — 11 29 — 47 0.09 % Consumer: 1-4 family 322 — — 187 — — — 0.09 % Auto loans — — — — — — — — Other consumer — — — — — — — — Construction — — 818 1,670 — — — 2.40 % $ 409 $ 493 $ 818 $ 1,868 $ 29 $ — $ 47 0.12 % December 31, 2023 Commercial real estate $ — $ 2,118 $ — $ 127 $ — $ — $ — 0.21 % Commercial - specialized 103 — — 81 686 — — 0.23 % Commercial - general 266 6,995 — 598 109 — 28 1.55 % Consumer: 1-4 family 187 390 — 87 — — 7 0.13 % Auto loans 34 35 — 17 — 42 — 0.04 % Other consumer — — — — — 7 — 0.01 % Construction — 2,315 — 302 — — — 2.03 % $ 590 $ 11,853 $ — $ 1,212 $ 795 $ 49 $ 35 0.48 % The Company closely monitors the performance of loans that are modified to borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. The following presents the performance of such loans that have been modified in the years ended December 31, 2024 and 2023 (dollars in thousands): 30-89 Days Past Due 90 Days or More Past Due and Still Accruing Nonaccrual December 31, 2024 Commercial real estate $ 74 $ — $ — Commercial - specialized — — 13 Commercial - general 59 82 — Consumer: 1-4 Family residential — 60 — Auto loans — — — Other consumer — — — Construction 95 — 1,575 $ 228 $ 142 $ 1,588 December 31, 2023 Commercial real estate $ — $ — $ — Commercial - specialized — — 265 Commercial - general 69 33 63 Consumer: 1-4 Family residential — — — Auto loans 69 — — Other consumer — — — Construction — — 272 $ 138 $ 33 $ 600 The following table presents the financial effects of the loan modifications presented above to borrowers experiencing financial difficulty for the years ended December 31, 2024 and 2023 Principal Forgiveness Weighted- Average Interest Rate Reduction Weighted- Average Term Extension (Months) December 31, 2024 Commercial real estate $ — — 12 Commercial - specialized — — — Commercial - general — 0.82 % 14 Consumer: 1-4 Family residential — — 10 Auto loans — — — Other consumer — — — Construction — 4.25 % 5 $ — 3.96 % 8 December 31, 2023 Commercial real estate $ — — 5 Commercial - specialized — 0.86 % 56 Commercial - general — 1.97 % 16 Consumer: 1-4 Family residential — 1.75 % 16 Auto loans — 0.86 % 11 Other consumer — 4.75 % — Construction — — 6 $ — 1.07 % 15

FORECLOSED ASSETS (Tables)

FORECLOSED ASSETS (Tables)	12 Months Ended
	Dec. 31, 2024
FORECLOSED ASSETS [Abstract]
Foreclosed Assets Activity	Foreclosed assets activity was as follows for the periods presented below (dollars in thousands): For the Year Ended December 31, 2024 2023 2022 Beginning balance $ 912 $ 169 $ 1,032 Additions 1,927 2,302 764 Sales, net (2,201 ) (1,417 ) (1,627 ) Current year valuation write-down (108 ) (142 ) — Ending balance $ 530 $ 912 $ 169
Activity in Valuation Allowance	Activity in the valuation allowance was as follows (dollars in thousands): For the Year Ended December 31, 2024 2023 2022 Beginning balance $ 142 $ — $ — Current year valuation write-down 108 142 — Reduction from sales (142 ) — — Ending balance $ 108 $ 142 $ —
Net Expenses Related to Foreclosed Assets	Net expenses related to foreclosed assets include the following for the periods presented below (dollars in thousands): For the Year Ended December 31, 2024 2023 2022 Net gain on sales $ 25 $ — $ (424 ) Current year valuation write-down 108 142 — Operating expenses, net of rental income 136 42 65 Foreclosed assets expense, net $ 269 $ 184 $ (359 )

PREMISES AND EQUIPMENT (Tables)

PREMISES AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 2024
PREMISES AND EQUIPMENT [Abstract]
Premises and Equipment	Detail of premises and equipment at year-end follows (dollars in thousands): December 31, 2024 2023 Land $ 9,514 $ 9,530 Buildings and improvements 66,707 66,558 Furniture and equipment 47,166 51,225 Construction in process 1,365 396 124,752 127,709 Less accumulated depreciation (71,801 ) (72,639 ) Premises and equipment, net $ 52,951 $ 55,070

LEASES (Tables)

LEASES (Tables)	12 Months Ended
	Dec. 31, 2024
LEASES [Abstract]
Balance Sheet Components of Leases	The balance sheet components of the Company’s leases at year-end are as follows (in thousands): December 31, 2024 December 31, 2023 Operating lease right of use assets (included in Other assets $ 7,968 $ 8,681 Operating lease liabilities (included in Accrued expenses and other liabilities 8,906 9,630
Supplemental Cash Flow Information Related to Leases	Supplemental cash flow information related to leases is as follows (in thousands): Year Ended December 31, 2024 2023 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows used in operating leases $ 1,906 $ 2,004 Right-of-use assets obtained in exchange for new lease obligations: Operating leases $ 636 $ 2,515
Maturities of Operating Lease Liabilities	Future undiscounted lease payments at December 31, 2024, under operating lease agreements, are presented below (in thousands). 2025 $ 1,637 2026 1,558 2027 1,435 2028 1,276 2029 1,107 Thereafter 4,499 Total minimum lease payments 11,512 Less: Amount representing interest (2,606 ) Lease liabilities $ 8,906

GOODWILL AND INTANGIBLES (Table

GOODWILL AND INTANGIBLES (Tables)	12 Months Ended
	Dec. 31, 2024
GOODWILL AND INTANGIBLES [Abstract]
Other Intangible Assets	Other intangible assets, which consisted of CDI, customer lists, and employment agreements at the dates indicated are summarized below (dollars in thousands): December 31, 2024 2023 Amortized intangible assets: Core deposit intangible $ 6,679 $ 6,679 Less: Accumulated amortization (4,959 ) (4,250 ) Other intangible assets, net $ 1,720 $ 2,429
Estimated Amount of Amortization Expense to Be Recognized over Next Five Years	The estimated amount of amortization expense for core deposit intangibles to be recognized over the next five years is as follows (dollars in thousands): 2025 $ 587 2026 465 2027 344 2028 223 2029 101

MORTGAGE SERVICING RIGHTS (Tabl

MORTGAGE SERVICING RIGHTS (Tables)	12 Months Ended
	Dec. 31, 2024
MORTGAGE SERVICING RIGHTS [Abstract]
Change in Fair Value of Mortgage Servicing Rights Asset and Other Information	The following table reflects the changes in fair value of the Company’s mortgage servicing rights asset included in the Consolidated Balance Sheets, and other information related to the serviced portfolio for the periods or dates presented (dollars in thousands): Year Ended December 31, 2024 2023 2022 Beginning balance $ 26,569 $ 27,474 $ 19,700 Additions 958 1,470 3,069 Valuation adjustment (1,235 ) (2,375 ) 4,705 Ending balance $ 26,292 $ 26,569 $ 27,474 December 31, 2024 2023 Mortgage loans serviced for others $ 1,903,854 $ 2,001,476 Mortgage servicing rights assets as a percentage of serviced mortgage loans 1.38 % 1.33 %
Key Assumptions Used in Measuring Fair Value of Mortgage Servicing Rights	The following table reflects the key assumptions used in measuring the fair value of the Company’s mortgage servicing rights as of the dates indicated: December 31, 2024 2023 Weighted average constant prepayment rate 7.16 % 7.46 % Weighted average discount rate 10.17 % 10.66 % Weighted average life in years 8.09 8.09

DEPOSITS (Tables)

DEPOSITS (Tables)	12 Months Ended
	Dec. 31, 2024
DEPOSITS [Abstract]
Maturities of Time Deposits	The scheduled maturities of time deposits at December 31, 2024 follows (dollars in thousands): 2025 $ 417,914 2026 19,778 2027 2,348 2028 2,776 2029 1,665 Thereafter 71 $ 444,552

BORROWING ARRANGEMENTS (Tables)

BORROWING ARRANGEMENTS (Tables)	12 Months Ended
	Dec. 31, 2024
BORROWING ARRANGEMENTS [Abstract]
Debentures and Trust Preferred Securities	The following table is a detail of the debentures and TPS at December 31, 2024 (dollars in thousands): Issue Date Amount of TPS Amount of Debentures Stated Maturity Date of TPS and Debentures (1) Interest Rate of TPS and Debentures (2)(3) SPFCT III 2004 $ 10,000 $ 10,310 2034 3-mo. CME Term SOFR + 291bps; 7.54% SPFCT IV 2005 20,000 20,619 2035 3-mo. CME Term SOFR + 165bps; 6.01% SPFCT V 2007 15,000 15,464 2037 3-mo. CME Term SOFR + 176bps; 6.12% Total $ 45,000 $ 46,393 (1) May be redeemed five years from the issue date, the Company has no current plans to redeem; (2) Interest payable quarterly with principal due at maturity; (3) Rate as of last reset date.

STOCK-BASED COMPENSATION (Table

STOCK-BASED COMPENSATION (Tables)	12 Months Ended
	Dec. 31, 2024
STOCK-BASED COMPENSATION [Abstract]
Summary of Stock Option Activity	A summary of activity in the Plan during the year indicated is presented in the table below (dollars in thousands, except per share data): Number of Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Life in Years Aggregate Intrinsic Value Year Ended December 31, 2024 Outstanding at beginning of year: 1,280,858 $ 16.91 $ 22,849 Granted 32,465 29.32 176 Exercised (137,536 ) 11.97 (3,133 ) Forfeited — — — Expired — — — Balance at end of year 1,175,787 $ 17.83 4.54 $ 19,892 Exercisable at end of period 1,064,695 $ 17.01 4.22 $ 18,886 Vested at end of period 1,064,695 $ 17.01 4.22 $ 18,886
Summary of Assumptions Used to Calculate Fair Value of Awards	A summary of assumptions used to calculate the fair values of the awards granted during the periods noted is presented below: Year Ended December 31, 2024 2023 2022 Expected volatility 40.45% 39.13% to 39.68% 40.20% to 40.29% Expected dividend yield 1.80% 1.74% to 1.90% 1.30% Expected term (years) 6.1 6.1 to 6.3 6.1 to 6.3 Risk-free interest rate 3.94% 3.91% to 3.98% 1.56% to 1.95% Weighted average grant date fair value $ 11.10 $ 10.26 $ 10.54
Summary of Activity of Restricted Stock Units	A summary of activity in the Plan during the year indicated is presented in the table below: Number of Shares Weighted-Average Grant Date Fair Value Year Ended December 31, 2024 Outstanding at beginning of year: 125,917 $ 26.58 Granted 89,103 26.56 Exercised (23,478 ) 27.38 Forfeited (3,647 ) 24.54 Balance at end of year 187,895 $ 26.51
Summary of Assumptions Used to Calculate the Grant Date Fair Value of the ESPP Rights	A summary of assumptions used to calculate the grant date fair value of the ESPP rights for the period indicated during is presented below: Year Ended December 31, 2024 Expected volatility 31.31 % Expected dividend yield 1.89 % Expected term (years) 0.5 Risk-free interest rate 5.02 %

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2024
INCOME TAXES [Abstract]
Components of Income Tax Expense (Benefit)	The components of income tax expense (benefit) was as follows for the periods indicated (dollars in thousands): Year Ended December 31, 2024 2023 2022 Current expense Federal $ 14,184 $ 16,192 $ 13,250 State 440 381 302 Deferred expense Federal (1,049 ) 99 1,359 Total $ 13,575 $ 16,672 $ 14,911
Effective Income Tax Rate Reconciliation	Effective tax rates differ from the federal statutory rate of 21% applied to income before income taxes due to the following for the periods indicated (dollars in thousands): Year Ended December 31, 2024 2023 2022 Federal statutory rate times financial statement income $ 13,291 $ 16,678 $ 15,362 Effect of: Tax-exempt income (701 ) (836 ) (953 ) State taxes, net of federal benefit 348 301 239 Earnings from bank owned life insurance (326 ) (279 ) (251 ) Non-deductible expenses 648 675 409 Other, net 315 133 105 Total $ 13,575 $ 16,672 $ 14,911 Effective tax rate 21.45 % 20.99 % 20.38 %
Deferred Tax Assets and Liabilities	Year-end deferred tax assets and liabilities were due to the following at year-end (dollars in thousands): December 31, 2024 2023 Deferred tax assets Allowance for credit losses $ 9,080 $ 8,895 Deferred compensation 5,884 5,640 Leases 197 200 Other real estate owned 23 30 Nonaccrual loans 320 78 Unrealized gain on available-for-sale securities 19,273 17,234 Other 446 456 Total deferred tax assets 35,223 32,533 Deferred tax liabilities Depreciation (2,457 ) (2,800 ) Intangibles (401 ) (626 ) Prepaid expenses (704 ) (564 ) Mortgage servicing rights (5,521 ) (5,580 ) Other (3,300 ) (3,550 ) Total deferred tax liabilities (12,383 ) (13,120 ) Net deferred tax asset $ 22,840 $ 19,413

OFF-BALANCE-SHEET ACTIVITIES,_2

OFF-BALANCE-SHEET ACTIVITIES, COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2024
OFF-BALANCE-SHEET ACTIVITIES, COMMITMENTS AND CONTINGENCIES [Abstract]
Financial Instruments Whose Contract Amounts Represent Credit Risk Outstanding	Financial instruments whose contract amounts represent credit risk outstanding at year-end follow (dollars in thousands): December 31, 2024 2023 Commitments to grant loans and unfunded commitments under lines of credit $ 537,688 $ 598,800 Standby letters-of-credit 18,696 11,503

CAPITAL AND REGULATORY MATTERS

CAPITAL AND REGULATORY MATTERS (Tables)	12 Months Ended
	Dec. 31, 2024
CAPITAL AND REGULATORY MATTERS [Abstract]
Actual Capital Amounts and Ratios	The Company and its bank subsidiary’s actual capital amounts and ratios at the dates indicated follows (dollars in thousands): Actual Minimum Required Under BASEL III Fully Phased In To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio December 31, 2024: Total Capital to Risk Weighted Assets: Consolidated $ 631,713 17.86 % $ 371,426 10.50 % N/A N/A City Bank 520,788 14.73 % 371,351 10.50 % $ 353,667 10.00 % Tier I Capital to Risk Weighted Assets: Consolidated 523,535 14.80 % 300,678 8.50 % N/A N/A City Bank 476,574 13.48 % 300,617 8.50 % 282,934 8.00 % Common Equity Tier 1 to Risk Weighted Assets: Consolidated 478,535 13.53 % 247,617 7.00 % N/A N/A City Bank 476,574 13.48 % 247,567 7.00 % 229,884 6.50 % Tier I Capital to Average Assets: Consolidated 523,535 12.04 % 174,777 4.00 % N/A N/A City Bank 476,574 10.96 % 174,710 4.00 % 217,336 5.00 % December 31, 2023 Total Capital to Risk Weighted Assets: Consolidated $ 589,565 16.74 % $ 369,753 10.50 % N/A N/A City Bank 494,353 14.04 % 369,635 10.50 % $ 352,033 10.00 % Tier I Capital to Risk Weighted Assets: Consolidated 482,044 13.69 % 299,324 8.50 % N/A N/A City Bank 450,607 12.80 % 299,228 8.50 % 281,627 8.00 % Common Equity Tier 1 to Risk Weighted Assets: Consolidated 437,044 12.41 % 246,502 7.00 % N/A N/A City Bank 450,607 12.80 % 246,423 7.00 % 228,822 6.50 % Tier I Capital to Average Assets: Consolidated 482,044 11.33 % 171,037 4.00 % N/A N/A City Bank 450,607 10.60 % 170,945 4.00 % 212,594 5.00 %

DERIVATIVES (Tables)

DERIVATIVES (Tables)	12 Months Ended
	Dec. 31, 2024
Mortgage Banking [Member]
Derivative [Line Items]
Net Gains (Losses) Relating to Derivative Instruments	The net gains (losses) relating to free standing derivative instruments used for risk management are summarized below for the periods indicated (dollars in thousands): For the Year Ended December 31, Location 2024 2023 2022 Gain (loss) on mortgage banking derivatives Net gain (loss) on sales of loans $ 264 $ (405 ) $ (1,109 )
Fair Value of Derivatives in Consolidated Balance Sheets	The following table reflects the amount and fair value of mortgage banking derivatives in the Consolidated Balance Sheets as of December 31 (dollars in thousands): December 31, 2024 December 31, 2023 Notional Amount Fair Value Notional Amount Fair Value Included in other assets: Forward contracts related to mortgage loans held for sale $ 16,000 $ 76 $ — $ — Interest rate lock commitments 12,937 222 16,887 444 Included in other liabilities: Forward contracts related to mortgage loans held for sale $ 1,277 $ 12 $ 19,021 $ 422 Interest rate lock commitments — — — —
Fair Value Hedging [Member]
Derivative [Line Items]
Fair Value of Derivatives in Consolidated Balance Sheets	The following table reflects the fair value hedges included in the Consolidated Balance Sheets as of December 31 (dollars in thousands): 2024 2023 Notional Amount Fair Value Notional Amount Fair Value Included in other liabilities Interest rate swaps related to fixed rate loans $ — $ — $ 987 $ 10 Interest rate swaps related to state and municipal securities — — — — Included in other assets Interest rate swaps related to fixed rate loans 11,803 205 7,796 158 Interest rate swaps related to state and municipal securities 123,760 15,495 123,760 16,628
Interest Rate Contracts [Member] | Fair Value Hedging [Member]
Derivative [Line Items]
Net Gains (Losses) Relating to Derivative Instruments	The following table reflects the changes in fair value hedges included in the Consolidated Statements of Comprehensive Income (Loss) for the periods indicated (dollars in thousands): Year Ended December 31, Interest Rate Contracts Location 2024 2023 2022 Change in fair value of interest rate swaps hedging investment securities Other noninterest expense $ (1,133 ) $ (3,497 ) $ 14,439 Change in fair value of hedged investment securities Other noninterest expense 1,619 3,685 (14,607 ) Change in fair value of interest rate swaps hedging fixed rate loans Interest income - Loans 57 (334 ) 911 Change in fair value of hedged fixed rate loans Interest income - Loans 24 335 (918 )

PARENT COMPANY ONLY CONDENSED_2

PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2024
PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION [Abstract]
Condensed Balance Sheets	CONDENSED BALANCE SHEETS December 31, 2024 2023 ASSETS Cash and cash equivalents $ 104,856 $ 87,167 Investment in banking subsidiary 436,989 420,677 Investment in other subsidiary 51 51 Other assets 9,060 12,592 Total assets $ 550,956 $ 520,487 LIABILITIES AND STOCKHOLDERS’ EQUITY Debt $ 110,354 $ 110,168 Accrued expenses and other liabilities 1,653 3,205 Stockholders’ equity 438,949 407,114 Total liabilities and stockholders’ equity $ 550,956 $ 520,487
Condensed Statements of Income	CONDENSED STATEMENTS OF INCOME Year Ended December 31, 2024 2023 2022 Dividends $ 31,400 $ 35,000 $ 40,375 Other income 102 100 52 Interest expense (6,721 ) (7,294 ) (5,689 ) Other expense (2,168 ) (1,897 ) (1,768 ) Income before income tax and undistributed subsidiary income 22,613 25,909 32,970 Income tax benefit (1,845 ) (1,904 ) (1,555 ) Equity in undistributed subsidiary income 25,259 34,932 23,715 Net income $ 49,717 $ 62,745 $ 58,240
Condensed Statements of Cash Flows	CONDENSED STATEMENTS OF CASH FLOWS Year Ended December 31, 2024 2023 2022 Cash flows from operating activities: Net income $ 49,717 $ 62,745 $ 58,240 Adjustments: Equity in undistributed subsidiary income (25,259 ) (34,932 ) (23,715 ) Amortization of debt issuance costs 186 186 186 Stock based compensation 2,318 2,157 2,753 Change in other assets 3,532 (3,378 ) (3,201 ) Change in other liabilities (1,552 ) 1,004 369 Net cash provided by operating activities 28,942 27,782 34,632 Cash flows from financing activities: Repayments of long-term borrowings — (12,372 ) — Payments to tax authorities for stock-based compensation (759 ) (731 ) (1,168 ) Payments to repurchase common stock (1,340 ) (17,763 ) (22,699 ) Cash dividends paid on common stock (9,154 ) (8,745 ) (8,012 ) Net cash used in financing activities (11,253 ) (39,611 ) (31,879 ) Net change in cash and cash equivalents 17,689 (11,829 ) 2,753 Beginning cash and cash equivalents 87,167 98,996 96,243 Ending cash and cash equivalents $ 104,856 $ 87,167 $ 98,996

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	12 Months Ended
	Dec. 31, 2024
EARNINGS PER SHARE [Abstract]
Factors Used in Earnings Per Share Computation	The factors used in the earnings per share computation follow (dollars in thousands, except per share data): December 31, 2024 2023 2022 Net income $ 49,717 $ 62,745 $ 58,240 Weighted average common shares outstanding - basic 16,410,336 16,843,753 17,373,138 Effect of dilutive securities: Stock based compensation awards 621,002 489,459 646,690 Weighted average common shares outstanding - diluted 17,031,338 17,333,212 18,019,828 Basic earnings per share $ 3.03 $ 3.73 $ 3.35 Diluted earnings per share $ 2.92 $ 3.62 $ 3.23

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	12 Months Ended
	Dec. 31, 2024
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [Abstract]
Changes in Accumulated Other Comprehensive Income (Loss) By Component, Net of Tax	The following table details the changes in accumulated other comprehensive income (loss) by component, net of tax for the periods indicated (dollars in thousands): Gains and (Losses) on Fair Value Hedges Unrealized Gains and (Losses) on Securities Available for Sale Total For the Year Ended December 31, 2024 Beginning balance $ 13,160 $ (64,834 ) $ (51,674 ) Other comprehensive income (loss) before reclassification (1,279 ) (7,668 ) (8,947 ) Amounts reclassified from other comprehensive — — — Net current period other comprehensive income (loss) (1,279 ) (7,668 ) (8,947 ) Ending balance $ 11,881 $ (72,502 ) $ (60,621 ) For the Year Ended December 31, 2023 Beginning balance $ 16,072 $ (81,180 ) $ (65,108 ) Other comprehensive income (loss) before reclassification (2,912 ) 13,653 10,741 Amounts reclassified from other comprehensive — 2,693 2,693 Net current period other comprehensive income (loss) (2,912 ) 16,346 13,434 Ending balance $ 13,160 $ (64,834 ) $ (51,674 ) For the Year Ended December 31, 2022 Beginning balance $ 4,532 $ 9,170 $ 13,702 Other comprehensive income (loss) before reclassification 11,540 (90,350 ) (78,810 ) Amounts reclassified from other comprehensive — — — Net current period other comprehensive income (loss) 11,540 (90,350 ) (78,810 ) Ending balance $ 16,072 $ (81,180 ) $ (65,108 )

FAIR VALUE DISCLOSURES (Tables)

FAIR VALUE DISCLOSURES (Tables)	12 Months Ended
	Dec. 31, 2024
FAIR VALUE DISCLOSURES [Abstract]
Assets (Liabilities) Measured at Fair Value on Recurring and Non-Recurring Basis	The following table summarizes fair value measurements as of the dates indicated below (dollars in thousands): Level 1 Level 2 Level 3 Total December 31, 2024 Assets (liabilities) measured at fair value on a recurring basis: Securities available for sale: State and municipal $ — $ 173,297 $ — $ 173,297 Residential mortgage-backed securities — 264,096 — 264,096 Commercial mortgage-backed securities — 40,360 — 40,360 Commercial collateralized mortgage obligations — 73,483 — 73,483 Asset-backed and other amortizing securities — 14,581 — 14,581 Other securities — 11,423 — 11,423 Loans held for sale (mandatory) — 13,791 — 13,791 Mortgage servicing rights — — 26,292 26,292 Asset derivatives — 15,998 — 15,998 Liability derivatives — (12 ) — (12 ) Assets measured at fair value on a non-recurring basis: Loans held for investment — — 20,566 20,566 Level 1 Level 2 Level 3 Total December 31, 2023 Assets (liabilities) measured at fair value on a recurring basis: Securities available for sale: State and municipal $ — $ 180,575 $ — $ 180,575 Residential mortgage-backed securities — 300,704 — 300,704 Commercial mortgage-backed securities — 41,748 — 41,748 Commercial collateralized mortgage obligations — 71,930 — 71,930 Asset-backed and other amortizing securities — 17,040 — 17,040 Other securities — 10,765 — 10,765 Loans held for sale (mandatory) — 6,615 — 6,615 Mortgage servicing rights — — 26,569 26,569 Asset derivatives — 17,230 — 17,230 Liability derivatives — (432 ) — (432 ) Assets measured at fair value on a non-recurring basis: Loans held for investment — — 1,482 1,482
Quantitative Information about Recurring ad Non-Recurring Level 3 Fair Value Measurements	The following table presents quantitative information about recurring and non-recurring Level 3 fair value measurements at December 31 (dollars in thousands): Fair Value Valuation Techniques Unobservable Inputs Range of Discounts December 31, 2024 Non-recurring Loans held for investment $ 20,566 Third party appraisals or inspections Collateral discounts and selling costs 20 % Recurring: Mortgage servicing rights 26,292 Discounted cash flows Constant prepayment rate 7.16 % Discount rate 10.17 % December 31, 2023 Non-recurring Loans held for investment $ 1,482 Third party appraisals or inspections Collateral discounts and selling costs 20%-100 % Recurring: Mortgage servicing rights 26,569 Discounted cash flows Constant prepayment rate 7.46 % Discount rate 10.66 %
Estimated Fair Values, and Related Carrying Amounts of Financial Instruments	The estimated fair values, and related carrying amounts, of the Company’s financial instruments that are not previously disclosed in the recurring fair values section are as follows as of December 31 (dollars in thousands): Carrying Amount Level 1 Level 2 Level 3 Total December 31, 2024 Financial assets: Cash and cash equivalents $ 359,082 $ 359,082 $ — $ — $ 359,082 Loans held for investment, net 3,011,817 — — 2,937,678 2,937,678 Loans held for sale (best efforts) 6,751 — 6,875 — 6,875 Accrued interest receivable 21,687 — 21,687 — 21,687 Financial liabilities: Deposits 3,620,876 — 3,621,106 — 3,621,106 Accrued interest payable 6,108 — 6,108 — 6,108 Junior subordinated deferrable interest debentures 46,393 — 34,285 — 34,285 Subordinated debt 63,961 — 60,969 — 60,969 Carrying Amount Level 1 Level 2 Level 3 Total December 31, 2023 Financial assets: Cash and cash equivalents $ 330,158 $ 330,158 $ — $ — $ 330,158 Loans held for investment, net 2,971,797 — — 2,848,536 2,848,536 Loans held for sale (best efforts) 7,884 — 7,977 — 7,977 Accrued interest receivable 20,881 — 20,881 — 20,881 Financial liabilities: Deposits 3,626,153 — 3,625,321 — 3,625,321 Accrued interest payable 5,057 — 5,057 — 5,057 Junior subordinated deferrable interest debentures 46,393 — 33,098 — 33,098 Subordinated debt 63,775 — 57,497 — 57,497

IMMATERIAL CORRECTION OF PRIO_2

IMMATERIAL CORRECTION OF PRIOR PERIOD ERROR (Tables)	12 Months Ended
	Dec. 31, 2024
IMMATERIAL CORRECTION OF PRIOR PERIOD ERROR [Abstract]
Summary of Immaterial Corrections to Previously Reported Audited Consolidated Financial Statements	A summary of the immaterial corrections to the Company’s previously reported audited consolidated financial statements follows. Corrected Consolidated Statement of Cash Flows for the Year Ended December 31, 2022 (in thousands): Year Ended December 31, 2022 As Reported Immaterial Correction As Corrected Proceeds from sales of loans held for sale $ 783,212 $ (120,918 ) $ 662,294 Loans originated for sale $ (719,413 ) $ 120,918 $ (598,495 )

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Nature of Operations (Details) - USD ($) $ in Millions		12 Months Ended
	Apr. 01, 2023	Dec. 31, 2024
City Bank [Member] | Bank Subsidiary [Member]
Subsidiaries Information [Abstract]
Wholly-Owned, Consolidated Subsidiaries		City Bank
Ruidoso Retail, Inc. [Member] | Non-bank Subsidiary [Member]
Subsidiaries Information [Abstract]
Wholly-Owned, Consolidated Subsidiaries		Ruidoso Retail, Inc.
CB Provence, LLC [Member] | Non-bank Subsidiary [Member]
Subsidiaries Information [Abstract]
Wholly-Owned, Consolidated Subsidiaries		CB Provence, LLC
CBT Brushy Creek, LLC [Member] | Non-bank Subsidiary [Member]
Subsidiaries Information [Abstract]
Wholly-Owned, Consolidated Subsidiaries		CBT Brushy Creek, LLC
CBT Properties, LLC [Member] | Non-bank Subsidiary [Member]
Subsidiaries Information [Abstract]
Wholly-Owned, Consolidated Subsidiaries		CBT Properties, LLC
South Plains Financial Capital Trusts ("SPFCT") III-V [Member] | Non-bank Subsidiary [Member]
Subsidiaries Information [Abstract]
Wholly-Owned, Equity Method Subsidiaries		South Plains Financial Capital Trusts (“SPFCT”) III-V
Windmark [Member]
Windmark Sale [Abstract]
Aggregate purchase price	$ 36.1
Pre-tax gain on sale of subsidiary	$ 33.8

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Accounting Changes and Recent Accounting Pronouncements (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
Retained earnings	$ 385,827	$ 345,264
Accounting Standards Update and Change in Accounting Principle [Abstract]
ACL for off-balance sheet credit exposures			$ 580
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans	43,237	42,356	39,288	$ 42,098
Allowance for credit losses for off-balance sheet exposures			580
Commercial Real Estate [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans	15,973	15,808	13,029	17,245
Commercial [Member] | Specialized [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans	4,640	4,020	3,425	4,363
Commercial [Member] | General [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans	6,874	6,391	9,215	8,466
Consumer [Member] | 1-4 Family Residential [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans	9,677	9,177	6,194	5,268
Consumer [Member] | Auto Loans [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans	3,015	3,601	3,926	3,653
Consumer [Member] | Other Consumer [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans	1,115	968	1,376	1,357
Construction [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans	$ 1,943	2,391	2,123	$ 1,746
Impact of Adoption [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans		102
Impact of Adoption [Member] | Commercial Real Estate [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans		827
Impact of Adoption [Member] | Commercial [Member] | Specialized [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans		33
Impact of Adoption [Member] | Commercial [Member] | General [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans		(2,574)
Impact of Adoption [Member] | Consumer [Member] | 1-4 Family Residential [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans		1,700
Impact of Adoption [Member] | Consumer [Member] | Auto Loans [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans		(332)
Impact of Adoption [Member] | Consumer [Member] | Other Consumer [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans		(235)
Impact of Adoption [Member] | Construction [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans		$ 683
Impact of Adoption [Member] | ASU 2016-13 [Member]
Leases [Abstract]
Retained earnings			(997)
Accounting Standards Update and Change in Accounting Principle [Abstract]
ACL for off-balance sheet credit exposures			1,160
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			102
Allowance for credit losses for off-balance sheet exposures			1,160
Impact of Adoption [Member] | ASU 2016-13 [Member] | Commercial Real Estate [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			827
Impact of Adoption [Member] | ASU 2016-13 [Member] | Commercial [Member] | Specialized [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			33
Impact of Adoption [Member] | ASU 2016-13 [Member] | Commercial [Member] | General [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			(2,574)
Impact of Adoption [Member] | ASU 2016-13 [Member] | Consumer [Member] | 1-4 Family Residential [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			1,700
Impact of Adoption [Member] | ASU 2016-13 [Member] | Consumer [Member] | Auto Loans [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			(332)
Impact of Adoption [Member] | ASU 2016-13 [Member] | Consumer [Member] | Other Consumer [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			(235)
Impact of Adoption [Member] | ASU 2016-13 [Member] | Construction [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			683
Post-Adoption [Member] | ASU 2016-13 [Member]
Accounting Standards Update and Change in Accounting Principle [Abstract]
ACL for off-balance sheet credit exposures			1,740
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			39,390
Allowance for credit losses for off-balance sheet exposures			1,740
Post-Adoption [Member] | ASU 2016-13 [Member] | Commercial Real Estate [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			13,856
Post-Adoption [Member] | ASU 2016-13 [Member] | Commercial [Member] | Specialized [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			3,458
Post-Adoption [Member] | ASU 2016-13 [Member] | Commercial [Member] | General [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			6,641
Post-Adoption [Member] | ASU 2016-13 [Member] | Consumer [Member] | 1-4 Family Residential [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			7,894
Post-Adoption [Member] | ASU 2016-13 [Member] | Consumer [Member] | Auto Loans [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			3,594
Post-Adoption [Member] | ASU 2016-13 [Member] | Consumer [Member] | Other Consumer [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			1,141
Post-Adoption [Member] | ASU 2016-13 [Member] | Construction [Member]
Adoption Impact on ACL for CECL [Abstract]
Total allowance for credit losses on loans			$ 2,806

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Securities, ACL Loans, ACL Off-Balance Sheet Credit Exposures and Mortgage Servicing Rights (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Securities [Abstract]
Number of days principal or interest is in default for securities to be placed on nonaccrual status	90 days
Loans [Abstract]
Number of days principal or interest payments are past due for loans to be placed on nonaccrual status	90 days
Allowance for Loan Losses [Abstract]
Period for estimate of expected credit loss for each loan	1 year
Period of macroeconomic variables forecast	1 year
Off-Balance Sheet Credit Exposures [Abstract]
Period of rolling average of historical usage used for determining utilization rates	2 years
Mortgage Servicing Rights [Abstract]
Servicing income	$ 4	$ 4.2	$ 4.1
Minimum [Member]
Allowance for Loan Losses [Abstract]
Adjusted period for reasonable and supportable economic forecast	1 year
Maximum [Member]
Allowance for Loan Losses [Abstract]
Adjusted period for reasonable and supportable economic forecast	2 years

SUMMARY OF SIGNIFICANT ACCOUN_7

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Premises and Equipment, Goodwill and Other Intangible Assets, Mortgage Banking Derivatives and Derivatives (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Goodwill and Other Intangible Assets [Abstract]
Goodwill impairment loss	$ 0	$ 0	$ 0
Mortgage Banking Derivatives [Abstract]
Recorded value of interest locks at inception	0
Recorded value of forward loan sales commitments at inception	$ 0
Building and Improvements [Member] | Maximum [Member]
Premises and Equipment [Abstract]
Useful life	40 years
Furniture and Equipment [Member] | Minimum [Member]
Premises and Equipment [Abstract]
Useful life	3 years
Furniture and Equipment [Member] | Maximum [Member]
Premises and Equipment [Abstract]
Useful life	10 years
Core Deposit Intangible [Member]
Goodwill and Other Intangible Assets [Abstract]
Estimated useful lives	10 years

SUMMARY OF SIGNIFICANT ACCOUN_8

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Leases, Advertising (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Right-of-use asset	$ 7,968	$ 8,681
Lease liabilities	8,906	9,630
Retained earnings	385,827	345,264
Advertising [Abstract]
Advertising costs	3,300	$ 2,900	$ 3,100
ASU 2016-02 [Member]
Leases [Abstract]
Right-of-use asset	9,400
Lease liabilities	10,300
Impact of Adoption [Member] | ASU 2016-02 [Member]
Leases [Abstract]
Retained earnings	$ (717)

SECURITIES, Available for Sale

SECURITIES, Available for Sale (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Available for sale [Abstract]
Amortized cost	$ 669,014	$ 704,830
Gross unrealized gains	1	2
Gross unrealized losses	(91,775)	(82,070)
Allowance for credit losses	0	0
Fair value	577,240	622,762
State and Municipal [Member]
Available for sale [Abstract]
Amortized cost	199,588	202,814
Gross unrealized gains	1	2
Gross unrealized losses	(26,292)	(22,241)
Allowance for credit losses	0	0
Fair value	173,297	180,575
Residential Mortgage-backed Securities [Member]
Available for sale [Abstract]
Amortized cost	321,021	351,251
Gross unrealized gains	0	0
Gross unrealized losses	(56,925)	(50,547)
Allowance for credit losses	0	0
Fair value	264,096	300,704
Commercial Mortgage-backed Securities [Member]
Available for sale [Abstract]
Amortized cost	46,601	47,898
Gross unrealized gains	0	0
Gross unrealized losses	(6,241)	(6,150)
Allowance for credit losses	0	0
Fair value	40,360	41,748
Commercial Collateralized Mortgage Obligations [Member]
Available for sale [Abstract]
Amortized cost	73,697	72,391
Gross unrealized gains	0	0
Gross unrealized losses	(214)	(461)
Allowance for credit losses	0	0
Fair value	73,483	71,930
Asset-backed and Other Amortizing Securities [Member]
Available for sale [Abstract]
Amortized cost	16,107	18,476
Gross unrealized gains	0	0
Gross unrealized losses	(1,526)	(1,436)
Allowance for credit losses	0	0
Fair value	14,581	17,040
Other Securities [Member]
Available for sale [Abstract]
Amortized cost	12,000	12,000
Gross unrealized gains	0	0
Gross unrealized losses	(577)	(1,235)
Allowance for credit losses	0	0
Fair value	$ 11,423	$ 10,765

SECURITIES, Amortized Cost and

SECURITIES, Amortized Cost and Fair Value of Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Available for Sale, Amortized Cost [Abstract]
Within 1 year	$ 2,919
After 1 year through 5 years	4,508
After 5 years through 10 years	20,909
After 10 years	183,252
Declining-balance securities	457,426
Amortized cost	669,014	$ 704,830
Available for Sale, Fair Value [Abstract]
Within 1 year	2,899
After 1 year through 5 years	4,376
After 5 years through 10 years	19,548
After 10 years	157,897
Declining-balance securities	392,520
Fair value	$ 577,240	$ 622,762

SECURITIES, Securities Transfer

SECURITIES, Securities Transferred and Securities Pledged (Details) $ in Thousands	3 Months Ended	12 Months Ended
	Jun. 30, 2023 USD ($)	Dec. 31, 2024 USD ($) Security	Dec. 31, 2023 USD ($) Security	Dec. 31, 2022 USD ($)
SECURITIES [Abstract]
Holdings of securities of any one issuer, other than the U.S. government, its agencies, or its sponsored enterprises, in an amount greater than 10% of stockholders' equity | Security		0	0
Carrying value of securities pledged to collateralize public deposits and for other purposes		$ 309,000	$ 438,900
Available for sale securities sold	$ 56,200
Realized loss on sale of securities	$ (3,400)	$ 0	$ (3,409)	$ 0

SECURITIES, Securities with Unr

SECURITIES, Securities with Unrealized Losses, Available for Sale (Details) $ in Thousands	Dec. 31, 2024 USD ($) Security	Dec. 31, 2023 USD ($)
Available for sale, Fair Value [Abstract]
Less than 12 months	$ 73,696	$ 3,502
12 months or more	501,758	616,800
Total	575,454	620,302
Available for sale, Unrealized Loss [Abstract]
Less than 12 months	215	214
12 months or more	91,560	81,856
Total	$ 91,775	82,070
Number of securities with an unrealized loss | Security	144
State and Municipal [Member]
Available for sale, Fair Value [Abstract]
Less than 12 months	$ 205	207
12 months or more	171,306	177,908
Total	171,511	178,115
Available for sale, Unrealized Loss [Abstract]
Less than 12 months	1	0
12 months or more	26,291	22,241
Total	26,292	22,241
Residential Mortgage-backed Securities [Member]
Available for sale, Fair Value [Abstract]
Less than 12 months	8	9
12 months or more	264,088	300,695
Total	264,096	300,704
Available for sale, Unrealized Loss [Abstract]
Less than 12 months	0	0
12 months or more	56,925	50,547
Total	56,925	50,547
Commercial Mortgage-backed Securities [Member]
Available for sale, Fair Value [Abstract]
Less than 12 months	0	0
12 months or more	40,360	41,748
Total	40,360	41,748
Available for sale, Unrealized Loss [Abstract]
Less than 12 months	0	0
12 months or more	6,241	6,150
Total	6,241	6,150
Commercial Collateralized Mortgage Obligations [Member]
Available for sale, Fair Value [Abstract]
Less than 12 months	73,483	0
12 months or more	0	71,930
Total	73,483	71,930
Available for sale, Unrealized Loss [Abstract]
Less than 12 months	214	0
12 months or more	0	461
Total	214	461
Asset-backed and Other Amortizing Securities [Member]
Available for sale, Fair Value [Abstract]
Less than 12 months	0	0
12 months or more	14,581	17,040
Total	14,581	17,040
Available for sale, Unrealized Loss [Abstract]
Less than 12 months	0	0
12 months or more	1,526	1,436
Total	1,526	1,436
Other Securities [Member]
Available for sale, Fair Value [Abstract]
Less than 12 months	0	3,286
12 months or more	11,423	7,479
Total	11,423	10,765
Available for sale, Unrealized Loss [Abstract]
Less than 12 months	0	214
12 months or more	577	1,021
Total	$ 577	$ 1,235

LOANS HELD FOR INVESTMENT, Summ

LOANS HELD FOR INVESTMENT, Summary of Loans Held for Investment by Category (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2024 USD ($) Category	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Summary of Loans Held for Investment by Category [Abstract]
Loans, gross	$ 3,055,054	$ 3,014,153
Allowance for credit losses on loans	(43,237)	(42,356)	$ (39,288)	$ (42,098)
Loans held for investment, net	3,011,817	2,971,797
Commercial Real Estate [Member]
Summary of Loans Held for Investment by Category [Abstract]
Loans, gross	1,119,063	1,081,056
Allowance for credit losses on loans	$ (15,973)	(15,808)	(13,029)	(17,245)
Commercial [Member]
Summary of Loans Held for Investment by Category [Abstract]
Number of sub-categories of loans | Category	2
Commercial [Member] | Specialized [Member]
Summary of Loans Held for Investment by Category [Abstract]
Loans, gross	$ 388,955	372,376
Allowance for credit losses on loans	(4,640)	(4,020)	(3,425)	(4,363)
Commercial [Member] | General [Member]
Summary of Loans Held for Investment by Category [Abstract]
Loans, gross	557,371	517,361
Allowance for credit losses on loans	(6,874)	(6,391)	(9,215)	(8,466)
Consumer [Member] | 1-4 Family Residential [Member]
Summary of Loans Held for Investment by Category [Abstract]
Loans, gross	566,400	534,731
Allowance for credit losses on loans	(9,677)	(9,177)	(6,194)	(5,268)
Consumer [Member] | Auto Loans [Member]
Summary of Loans Held for Investment by Category [Abstract]
Loans, gross	254,474	305,271
Allowance for credit losses on loans	(3,015)	(3,601)	(3,926)	(3,653)
Consumer [Member] | Other Consumer [Member]
Summary of Loans Held for Investment by Category [Abstract]
Loans, gross	64,936	74,168
Allowance for credit losses on loans	(1,115)	(968)	(1,376)	(1,357)
Construction [Member]
Summary of Loans Held for Investment by Category [Abstract]
Loans, gross	103,855	129,190
Allowance for credit losses on loans	(1,943)	(2,391)	$ (2,123)	$ (1,746)
Commercial and Construction Real Estate Portfolio Segment [Member] | Non-Owner Occupied Real Estate [Member]
Summary of Loans Held for Investment by Category [Abstract]
Loans, gross	$ 1,220,000	$ 1,210,000

LOANS HELD FOR INVESTMENT, Acti

LOANS HELD FOR INVESTMENT, Activity in ACL for Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024		Dec. 31, 2023		Dec. 31, 2022
LOANS HELD FOR INVESTMENT [Abstract]
Ratio of allowance for credit losses to loans held for investment	1.42%		1.41%
Allowance for Credit Losses [Roll Forward]
Beginning Balance	$ 42,356		$ 39,288		$ 42,098
Provision for credit losses	4,340	[1]	4,960	[2]	(2,619)
Charge-offs	(4,102)		(2,828)		(2,508)
Recoveries	643		834		2,317
Ending Balance	43,237		42,356		39,288
Provision for credit loss on loans including off-balance sheet credit exposures	4,300		4,610		(2,619)
Provision for off-balance sheet credit exposures	(40)		(350)
Net charge offs	3,500
Impact of CECL Adoption [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	102
Ending Balance			102
Commercial Real Estate [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	15,808		13,029		17,245
Provision for credit losses	207	[1]	1,952	[2]	(4,634)
Charge-offs	(87)		0		0
Recoveries	45		0		418
Ending Balance	15,973		15,808		13,029
Commercial Real Estate [Member] | Impact of CECL Adoption [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	827
Ending Balance			827
Commercial [Member] | Specialized [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	4,020		3,425		4,363
Provision for credit losses	540	[1]	398	[2]	(1,745)
Charge-offs	0		(11)		(199)
Recoveries	80		175		1,006
Ending Balance	4,640		4,020		3,425
Commercial [Member] | Specialized [Member] | Impact of CECL Adoption [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	33
Ending Balance			33
Commercial [Member] | General [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	6,391		9,215		8,466
Provision for credit losses	1,393	[1]	42	[2]	627
Charge-offs	(1,082)		(469)		(328)
Recoveries	172		177		450
Ending Balance	6,874		6,391		9,215
Commercial [Member] | General [Member] | Impact of CECL Adoption [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	(2,574)
Ending Balance			(2,574)
Consumer [Member] | 1-4 Family Residential [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	9,177		6,194		5,268
Provision for credit losses	669	[1]	1,278	[2]	1,026
Charge-offs	(175)		(1)		(140)
Recoveries	6		6		40
Ending Balance	9,677		9,177		6,194
Consumer [Member] | 1-4 Family Residential [Member] | Impact of CECL Adoption [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	1,700
Ending Balance			1,700
Consumer [Member] | Auto Loans [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	3,601		3,926		3,653
Provision for credit losses	465	[1]	698	[2]	637
Charge-offs	(1,186)		(888)		(508)
Recoveries	135		197		144
Ending Balance	3,015		3,601		3,926
Consumer [Member] | Auto Loans [Member] | Impact of CECL Adoption [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	(332)
Ending Balance			(332)
Consumer [Member] | Other Consumer [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	968		1,376		1,357
Provision for credit losses	1,204	[1]	688	[2]	932
Charge-offs	(1,257)	[3]	(1,140)	[4]	(1,167)
Recoveries	200		279		254
Ending Balance	1,115		968		1,376
Consumer [Member] | Other Consumer [Member] | Impact of CECL Adoption [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	(235)
Ending Balance			(235)
Construction [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	2,391		2,123		1,746
Provision for credit losses	(138)	[1]	(96)	[2]	538
Charge-offs	(315)		(319)		(166)
Recoveries	5		0		5
Ending Balance	1,943		2,391		$ 2,123
Construction [Member] | Impact of CECL Adoption [Member]
Allowance for Credit Losses [Roll Forward]
Beginning Balance	$ 683
Ending Balance			$ 683
[1]The $4.3 million provision for credit loss on the Consolidated Statement of Comprehensive Income (Loss) includes a $4.3 million provision for credit losses on loans and a $(40) thousand provision for off-balance sheet credit exposures for the year ended December 31, 2024.[2]The $4.6 million provision for credit loss on the Consolidated Statement of Comprehensive Income (Loss) includes a $5.0 million provision for credit losses on loans and a $(350) thousand provision for off-balance sheet credit exposures for the year ended December 31, 2024.[3]Includes $457 thousand in charged-off demand deposit overdrafts reported as 2024 originations.[4]Includes $574 thousand in charged-off demand deposit overdrafts reported as 2023 originations.

LOANS HELD FOR INVESTMENT, Inve

LOANS HELD FOR INVESTMENT, Investment in loans Disaggregated Based on Method of Evaluating Impairment (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	$ 21,118	$ 1,624
ACL for Loans [Abstract]
Individually Evaluated - Fair Value of Collateral	552	142
Equipment [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	353
Real Estate [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	21,118	1,271
Accounts Receivable [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Commercial Real Estate [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	19,543	0
ACL for Loans [Abstract]
Individually Evaluated - Fair Value of Collateral	552	0
Commercial Real Estate [Member] | Equipment [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Commercial Real Estate [Member] | Real Estate [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	19,543	0
Commercial Real Estate [Member] | Accounts Receivable [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Commercial [Member] | Specialized [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
ACL for Loans [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Commercial [Member] | Specialized [Member] | Equipment [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Commercial [Member] | Specialized [Member] | Real Estate [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Commercial [Member] | Specialized [Member] | Accounts Receivable [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Commercial [Member] | General [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	1,044
ACL for Loans [Abstract]
Individually Evaluated - Fair Value of Collateral	0	142
Commercial [Member] | General [Member] | Equipment [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	353
Commercial [Member] | General [Member] | Real Estate [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	691
Commercial [Member] | General [Member] | Accounts Receivable [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Consumer [Member] | 1-4 Family Residential [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	362
ACL for Loans [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Consumer [Member] | 1-4 Family Residential [Member] | Equipment [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Consumer [Member] | 1-4 Family Residential [Member] | Real Estate [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	362
Consumer [Member] | 1-4 Family Residential [Member] | Accounts Receivable [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Consumer [Member] | Auto Loans [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
ACL for Loans [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Consumer [Member] | Auto Loans [Member] | Equipment [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Consumer [Member] | Auto Loans [Member] | Real Estate [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Consumer [Member] | Auto Loans [Member] | Accounts Receivable [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Consumer [Member] | Other Consumer [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
ACL for Loans [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Consumer [Member] | Other Consumer [Member] | Equipment [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Consumer [Member] | Other Consumer [Member] | Real Estate [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Consumer [Member] | Other Consumer [Member] | Accounts Receivable [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Construction [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	1,575	218
ACL for Loans [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Construction [Member] | Equipment [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	0	0
Construction [Member] | Real Estate [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	1,575	218
Construction [Member] | Accounts Receivable [Member]
Recorded Investment [Abstract]
Individually Evaluated - Fair Value of Collateral	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Age

LOANS HELD FOR INVESTMENT, Age Analysis on Accruing Past-due Loans and Nonaccrual Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	$ 3,055,054	$ 3,014,153
Total Nonaccrual	22,102	3,242
Nonaccrual with no ACL	1,575	580
30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	7,928	6,230
90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	1,921	1,935
Commercial Real Estate [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	1,119,063	1,081,056
Total Nonaccrual	19,543	0
Nonaccrual with no ACL	0	0
Commercial Real Estate [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	594	499
Commercial Real Estate [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	96	86
Commercial [Member] | Specialized [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	388,955	372,376
Total Nonaccrual	105	213
Nonaccrual with no ACL	0	0
Commercial [Member] | Specialized [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	1,770	521
Commercial [Member] | Specialized [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	240	0
Commercial [Member] | General [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	557,371	517,361
Total Nonaccrual	180	953
Nonaccrual with no ACL	0	0
Commercial [Member] | General [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	1,374	1,316
Commercial [Member] | General [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	244	296
Consumer [Member] | 1-4 Family Residential [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	566,400	534,731
Total Nonaccrual	676	1,828
Nonaccrual with no ACL	0	362
Consumer [Member] | 1-4 Family Residential [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	1,966	793
Consumer [Member] | 1-4 Family Residential [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	1,042	1,390
Consumer [Member] | Auto Loans [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	254,474	305,271
Total Nonaccrual	0	0
Nonaccrual with no ACL	0	0
Consumer [Member] | Auto Loans [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	1,004	1,208
Consumer [Member] | Auto Loans [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	114	60
Consumer [Member] | Other Consumer [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	64,936	74,168
Total Nonaccrual	23	30
Nonaccrual with no ACL	0	0
Consumer [Member] | Other Consumer [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	1,125	1,134
Consumer [Member] | Other Consumer [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	185	103
Construction [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	103,855	129,190
Total Nonaccrual	1,575	218
Nonaccrual with no ACL	1,575	218
Construction [Member] | 30-89 Days Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	95	759
Construction [Member] | 90 Days or More Past Due [Member]
Age Analysis on Accruing Past-due Loans and Nonaccrual Loans [Abstract]
Past Due	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Amor

LOANS HELD FOR INVESTMENT, Amortized Cost Basis of Loans by Credit Quality Indicator and Origination Year and Gross Charge-offs (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2024 USD ($) Point		Dec. 31, 2023 USD ($)		Dec. 31, 2022 USD ($)
Credit Quality Information [Abstract]
Number of points on a grading scale for loans | Point	13
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
Loans	$ 3,055,054		$ 3,014,153
Current Period Gross Charge-offs [Abstract]
2024/2023	457		574
Current period gross charge-offs	4,102		2,828		$ 2,508
Minimum [Member]
Credit Quality Information [Abstract]
Non-accrual loans with direct exposure analyzed for individual evaluation	250
Accruing loans with direct exposure that are closely monitored	1,000
Past due accruing loans closely monitored	100
Commercial Real Estate [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	164,205		254,766
2023/2022	233,047		324,683
2022/2021	300,975		210,363
2021/2020	183,955		64,036
2020/2019	47,194		48,137
Prior	182,787		175,229
Revolving loans	6,900		3,842
Loans	1,119,063		1,081,056
Current Period Gross Charge-offs [Abstract]
2024/2023	0		0
2023/2022	0		0
2022/2021	65		0
2021/2020	0		0
2020/2019	0		0
Prior	22		0
Revolving loans	0		0
Current period gross charge-offs	87		0		0
Commercial Real Estate [Member] | Pass [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	164,205		254,766
2023/2022	233,047		324,601
2022/2021	300,828		189,211
2021/2020	126,548		50,660
2020/2019	43,628		47,988
Prior	175,319		174,859
Revolving loans	6,417		3,842
Loans	1,049,992		1,045,927
Commercial Real Estate [Member] | Special Mention [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	0		0
2023/2022	0		0
2022/2021	0		0
2021/2020	32,243		11,677
2020/2019	441		0
Prior	5,464		0
Revolving loans	483		0
Loans	38,631		11,677
Commercial Real Estate [Member] | Substandard [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	0		0
2023/2022	0		82
2022/2021	147		21,152
2021/2020	25,164		1,699
2020/2019	3,125		149
Prior	2,004		370
Revolving loans	0		0
Loans	30,440		23,452
Commercial [Member] | Specialized [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	104,012		117,912
2023/2022	60,881		59,195
2022/2021	39,625		58,035
2021/2020	41,805		20,276
2020/2019	15,975		10,395
Prior	28,565		22,895
Revolving loans	98,092		83,668
Loans	388,955		372,376
Current Period Gross Charge-offs [Abstract]
2024/2023	0		0
2023/2022	0		0
2022/2021	0		0
2021/2020	0		11
2020/2019	0		0
Prior	0		0
Revolving loans	0		0
Current period gross charge-offs	0		11		199
Commercial [Member] | Specialized [Member] | Pass [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	103,288		117,912
2023/2022	60,881		56,152
2022/2021	37,940		57,839
2021/2020	41,721		19,883
2020/2019	15,678		10,376
Prior	28,488		22,758
Revolving loans	98,092		83,368
Loans	386,088		368,288
Commercial [Member] | Specialized [Member] | Special Mention [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	214		0
2023/2022	0		2,938
2022/2021	1,600		0
2021/2020	0		0
2020/2019	0		0
Prior	0		0
Revolving loans	0		300
Loans	1,814		3,238
Commercial [Member] | Specialized [Member] | Substandard [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	510		0
2023/2022	0		105
2022/2021	85		196
2021/2020	84		393
2020/2019	297		19
Prior	77		137
Revolving loans	0		0
Loans	1,053		850
Commercial [Member] | General [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	108,045		89,112
2023/2022	72,963		131,557
2022/2021	113,173		95,633
2021/2020	70,545		36,021
2020/2019	29,827		48,409
Prior	84,213		71,997
Revolving loans	78,605		44,632
Loans	557,371		517,361
Current Period Gross Charge-offs [Abstract]
2024/2023	0		0
2023/2022	199		47
2022/2021	466		50
2021/2020	17		33
2020/2019	0		18
Prior	134		321
Revolving loans	266		0
Current period gross charge-offs	1,082		469		328
Commercial [Member] | General [Member] | Pass [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	107,947		88,911
2023/2022	72,500		128,627
2022/2021	109,808		90,957
2021/2020	65,564		35,794
2020/2019	29,808		45,660
Prior	82,909		68,990
Revolving loans	78,321		44,131
Loans	546,857		503,070
Commercial [Member] | General [Member] | Special Mention [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	0		0
2023/2022	0		0
2022/2021	960		0
2021/2020	554		0
2020/2019	0		0
Prior	499		1,565
Revolving loans	200		250
Loans	2,213		1,815
Commercial [Member] | General [Member] | Substandard [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	98		201
2023/2022	463		2,930
2022/2021	2,405		4,676
2021/2020	4,427		227
2020/2019	19		2,749
Prior	805		1,442
Revolving loans	84		251
Loans	8,301		12,476
Consumer [Member] | 1-4 Family Residential [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	87,266		114,273
2023/2022	101,832		156,931
2022/2021	150,642		110,857
2021/2020	92,986		52,648
2020/2019	49,282		35,103
Prior	78,542		61,149
Revolving loans	5,850		3,770
Loans	566,400		534,731
Current Period Gross Charge-offs [Abstract]
2024/2023	0		0
2023/2022	0		0
2022/2021	121		1
2021/2020	51		0
2020/2019	0		0
Prior	3		0
Revolving loans	0		0
Current period gross charge-offs	175		1		140
Consumer [Member] | 1-4 Family Residential [Member] | Pass [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	87,266		113,897
2023/2022	101,022		156,549
2022/2021	150,358		106,619
2021/2020	91,929		51,940
2020/2019	49,057		31,345
Prior	73,730		56,666
Revolving loans	5,800		3,770
Loans	559,162		520,786
Consumer [Member] | 1-4 Family Residential [Member] | Special Mention [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	0		0
2023/2022	0		0
2022/2021	0		0
2021/2020	0		0
2020/2019	0		0
Prior	0		0
Revolving loans	0		0
Loans	0		0
Consumer [Member] | 1-4 Family Residential [Member] | Substandard [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	0		376
2023/2022	810		382
2022/2021	284		4,238
2021/2020	1,057		708
2020/2019	225		3,758
Prior	4,812		4,483
Revolving loans	50		0
Loans	7,238		13,945
Consumer [Member] | Auto Loans [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	70,642		106,165
2023/2022	72,037		124,777
2022/2021	76,494		48,885
2021/2020	26,048		16,584
2020/2019	7,297		6,893
Prior	1,956		1,967
Revolving loans	0		0
Loans	254,474		305,271
Current Period Gross Charge-offs [Abstract]
2024/2023	23		113
2023/2022	386		377
2022/2021	519		254
2021/2020	198		14
2020/2019	25		49
Prior	35		81
Revolving loans	0		0
Current period gross charge-offs	1,186		888		508
Consumer [Member] | Auto Loans [Member] | Pass [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	70,621		106,149
2023/2022	72,009		124,588
2022/2021	76,412		48,686
2021/2020	25,869		16,524
2020/2019	7,293		6,812
Prior	1,931		1,935
Revolving loans	0		0
Loans	254,135		304,694
Consumer [Member] | Auto Loans [Member] | Special Mention [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	0		0
2023/2022	0		0
2022/2021	0		0
2021/2020	0		0
2020/2019	0		0
Prior	0		0
Revolving loans	0		0
Loans	0		0
Consumer [Member] | Auto Loans [Member] | Substandard [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	21		16
2023/2022	28		189
2022/2021	82		199
2021/2020	179		60
2020/2019	4		81
Prior	25		32
Revolving loans	0		0
Loans	339		577
Consumer [Member] | Other Consumer [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	23,665		23,719
2023/2022	12,969		26,912
2022/2021	14,798		10,242
2021/2020	5,524		3,200
2020/2019	1,232		2,539
Prior	5,424		6,191
Revolving loans	1,324		1,365
Loans	64,936		74,168
Current Period Gross Charge-offs [Abstract]
2024/2023	469	[1]	624	[2]
2023/2022	308	[1]	244	[2]
2022/2021	245	[1]	88	[2]
2021/2020	43	[1]	32	[2]
2020/2019	29	[1]	72	[2]
Prior	145	[1]	80	[2]
Revolving loans	18	[1]	0	[2]
Current period gross charge-offs	1,257	[1]	1,140	[2]	1,167
Consumer [Member] | Other Consumer [Member] | Pass [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	23,665		23,719
2023/2022	12,969		26,899
2022/2021	14,790		10,198
2021/2020	5,477		3,190
2020/2019	1,232		2,539
Prior	5,382		6,107
Revolving loans	1,324		1,364
Loans	64,839		74,016
Consumer [Member] | Other Consumer [Member] | Special Mention [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	0		0
2023/2022	0		0
2022/2021	0		0
2021/2020	0		0
2020/2019	0		0
Prior	0		0
Revolving loans	0		0
Loans	0		0
Consumer [Member] | Other Consumer [Member] | Substandard [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	0		0
2023/2022	0		13
2022/2021	8		44
2021/2020	47		10
2020/2019	0		0
Prior	42		84
Revolving loans	0		1
Loans	97		152
Construction [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	65,920		62,034
2023/2022	31,762		54,244
2022/2021	2,652		6,331
2021/2020	2,630		331
2020/2019	0		0
Prior	0		0
Revolving loans	891		6,250
Loans	103,855		129,190
Current Period Gross Charge-offs [Abstract]
2024/2023	0		48
2023/2022	315		0
2022/2021	0		271
2021/2020	0		0
2020/2019	0		0
Prior	0		0
Revolving loans	0		0
Current period gross charge-offs	315		319		$ 166
Construction [Member] | Pass [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	65,920		61,903
2023/2022	30,572		53,930
2022/2021	2,172		5,511
2021/2020	2,630		331
2020/2019	0		0
Prior	0		0
Revolving loans	891		6,250
Loans	102,185		127,925
Construction [Member] | Special Mention [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	0		131
2023/2022	0		0
2022/2021	0		820
2021/2020	0		0
2020/2019	0		0
Prior	0		0
Revolving loans	0		0
Loans	0		951
Construction [Member] | Substandard [Member]
Amortized Cost Basis in Loans by Credit Quality Indicator and Origination Year [Abstract]
2024/2023	0		0
2023/2022	1,190		314
2022/2021	480		0
2021/2020	0		0
2020/2019	0		0
Prior	0		0
Revolving loans	0		0
Loans	$ 1,670		$ 314
[1]Includes $457 thousand in charged-off demand deposit overdrafts reported as 2024 originations.[2]Includes $574 thousand in charged-off demand deposit overdrafts reported as 2023 originations.

LOANS HELD FOR INVESTMENT, Am_2

LOANS HELD FOR INVESTMENT, Amortized Cost Basis of Loans Modified to Borrowers Experiencing Financial Difficulty (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Financing Receivable Modification [Abstract]
Total class of financing receivable	0.12%	0.48%
Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 409	$ 590
Term Extension [Member]
Financing Receivable Modification [Abstract]
Loans modified	493	11,853
Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	818	0
Term Extension and Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	1,868	1,212
Term Extension and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	29	795
Payment Delay and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	49
Payment Delay, Term Extension, and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 47	$ 35
Commercial Real Estate [Member]
Financing Receivable Modification [Abstract]
Total class of financing receivable	0.01%	0.21%
Commercial Real Estate [Member] | Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 74	$ 0
Commercial Real Estate [Member] | Term Extension [Member]
Financing Receivable Modification [Abstract]
Loans modified	65	2,118
Commercial Real Estate [Member] | Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	0
Commercial Real Estate [Member] | Term Extension and Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	127
Commercial Real Estate [Member] | Term Extension and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	0
Commercial Real Estate [Member] | Payment Delay and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	0
Commercial Real Estate [Member] | Payment Delay, Term Extension, and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 0	$ 0
Commercial [Member] | Specialized [Member]
Financing Receivable Modification [Abstract]
Total class of financing receivable	0%	0.23%
Commercial [Member] | Specialized [Member] | Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 13	$ 103
Commercial [Member] | Specialized [Member] | Term Extension [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	0
Commercial [Member] | Specialized [Member] | Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	0
Commercial [Member] | Specialized [Member] | Term Extension and Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	81
Commercial [Member] | Specialized [Member] | Term Extension and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	686
Commercial [Member] | Specialized [Member] | Payment Delay and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	0
Commercial [Member] | Specialized [Member] | Payment Delay, Term Extension, and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 0	$ 0
Commercial [Member] | General [Member]
Financing Receivable Modification [Abstract]
Total class of financing receivable	0.09%	1.55%
Commercial [Member] | General [Member] | Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 0	$ 266
Commercial [Member] | General [Member] | Term Extension [Member]
Financing Receivable Modification [Abstract]
Loans modified	428	6,995
Commercial [Member] | General [Member] | Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	0
Commercial [Member] | General [Member] | Term Extension and Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	11	598
Commercial [Member] | General [Member] | Term Extension and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	29	109
Commercial [Member] | General [Member] | Payment Delay and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	0
Commercial [Member] | General [Member] | Payment Delay, Term Extension, and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 47	$ 28
Consumer [Member] | 1-4 Family [Member]
Financing Receivable Modification [Abstract]
Total class of financing receivable	0.09%	0.13%
Consumer [Member] | 1-4 Family [Member] | Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 322	$ 187
Consumer [Member] | 1-4 Family [Member] | Term Extension [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	390
Consumer [Member] | 1-4 Family [Member] | Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	0
Consumer [Member] | 1-4 Family [Member] | Term Extension and Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	187	87
Consumer [Member] | 1-4 Family [Member] | Term Extension and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	0
Consumer [Member] | 1-4 Family [Member] | Payment Delay and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	0
Consumer [Member] | 1-4 Family [Member] | Payment Delay, Term Extension, and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 0	$ 7
Consumer [Member] | Auto Loans [Member]
Financing Receivable Modification [Abstract]
Total class of financing receivable	0%	0.04%
Consumer [Member] | Auto Loans [Member] | Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 0	$ 34
Consumer [Member] | Auto Loans [Member] | Term Extension [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	35
Consumer [Member] | Auto Loans [Member] | Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	0
Consumer [Member] | Auto Loans [Member] | Term Extension and Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	17
Consumer [Member] | Auto Loans [Member] | Term Extension and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	0
Consumer [Member] | Auto Loans [Member] | Payment Delay and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	42
Consumer [Member] | Auto Loans [Member] | Payment Delay, Term Extension, and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 0	$ 0
Consumer [Member] | Other Consumer [Member]
Financing Receivable Modification [Abstract]
Total class of financing receivable	0%	0.01%
Consumer [Member] | Other Consumer [Member] | Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 0	$ 0
Consumer [Member] | Other Consumer [Member] | Term Extension [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	0
Consumer [Member] | Other Consumer [Member] | Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	0
Consumer [Member] | Other Consumer [Member] | Term Extension and Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	0
Consumer [Member] | Other Consumer [Member] | Term Extension and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	0
Consumer [Member] | Other Consumer [Member] | Payment Delay and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	7
Consumer [Member] | Other Consumer [Member] | Payment Delay, Term Extension, and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 0	$ 0
Construction [Member]
Financing Receivable Modification [Abstract]
Total class of financing receivable	2.40%	2.03%
Construction [Member] | Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 0	$ 0
Construction [Member] | Term Extension [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	2,315
Construction [Member] | Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	818	0
Construction [Member] | Term Extension and Payment Delay [Member]
Financing Receivable Modification [Abstract]
Loans modified	1,670	302
Construction [Member] | Term Extension and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	0
Construction [Member] | Payment Delay and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	0	0
Construction [Member] | Payment Delay, Term Extension, and Interest Rate Reduction [Member]
Financing Receivable Modification [Abstract]
Loans modified	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Perf

LOANS HELD FOR INVESTMENT, Performance of Loans Modified (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Performance of Loans Modified [Abstract]
Loans modified			$ 0
Nonaccrual	$ 1,588	$ 600
30-89 Days Past Due [Member]
Performance of Loans Modified [Abstract]
Loans modified	228	138
90 Days or More Past Due and Still Accruing [Member]
Performance of Loans Modified [Abstract]
Loans modified	142	33
Commercial Real Estate [Member]
Performance of Loans Modified [Abstract]
Nonaccrual	0	0
Commercial Real Estate [Member] | 30-89 Days Past Due [Member]
Performance of Loans Modified [Abstract]
Loans modified	74	0
Commercial Real Estate [Member] | 90 Days or More Past Due and Still Accruing [Member]
Performance of Loans Modified [Abstract]
Loans modified	0	0
Commercial [Member] | Specialized [Member]
Performance of Loans Modified [Abstract]
Nonaccrual	13	265
Commercial [Member] | Specialized [Member] | 30-89 Days Past Due [Member]
Performance of Loans Modified [Abstract]
Loans modified	0	0
Commercial [Member] | Specialized [Member] | 90 Days or More Past Due and Still Accruing [Member]
Performance of Loans Modified [Abstract]
Loans modified	0	0
Commercial [Member] | General [Member]
Performance of Loans Modified [Abstract]
Nonaccrual	0	63
Commercial [Member] | General [Member] | 30-89 Days Past Due [Member]
Performance of Loans Modified [Abstract]
Loans modified	59	69
Commercial [Member] | General [Member] | 90 Days or More Past Due and Still Accruing [Member]
Performance of Loans Modified [Abstract]
Loans modified	82	33
Consumer [Member] | 1-4 Family Residential [Member]
Performance of Loans Modified [Abstract]
Nonaccrual	0	0
Consumer [Member] | 1-4 Family Residential [Member] | 30-89 Days Past Due [Member]
Performance of Loans Modified [Abstract]
Loans modified	0	0
Consumer [Member] | 1-4 Family Residential [Member] | 90 Days or More Past Due and Still Accruing [Member]
Performance of Loans Modified [Abstract]
Loans modified	60	0
Consumer [Member] | Auto Loans [Member]
Performance of Loans Modified [Abstract]
Nonaccrual	0	0
Consumer [Member] | Auto Loans [Member] | 30-89 Days Past Due [Member]
Performance of Loans Modified [Abstract]
Loans modified	0	69
Consumer [Member] | Auto Loans [Member] | 90 Days or More Past Due and Still Accruing [Member]
Performance of Loans Modified [Abstract]
Loans modified	0	0
Consumer [Member] | Other Consumer [Member]
Performance of Loans Modified [Abstract]
Nonaccrual	0	0
Consumer [Member] | Other Consumer [Member] | 30-89 Days Past Due [Member]
Performance of Loans Modified [Abstract]
Loans modified	0	0
Consumer [Member] | Other Consumer [Member] | 90 Days or More Past Due and Still Accruing [Member]
Performance of Loans Modified [Abstract]
Loans modified	0	0
Construction [Member]
Performance of Loans Modified [Abstract]
Nonaccrual	1,575	272
Construction [Member] | 30-89 Days Past Due [Member]
Performance of Loans Modified [Abstract]
Loans modified	95	0
Construction [Member] | 90 Days or More Past Due and Still Accruing [Member]
Performance of Loans Modified [Abstract]
Loans modified	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Fina

LOANS HELD FOR INVESTMENT, Financial Effects of Loan Modifications (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Financial Effects of Loan Modifications [Abstract]
Weighted-average interest rate reduction	3.96%	1.07%
Weighted-average term extension	8 months	15 months
Principal Forgiveness [Member]
Financial Effects of Loan Modifications [Abstract]
Loans modified	$ 0	$ 0
Commercial Real Estate [Member]
Financial Effects of Loan Modifications [Abstract]
Weighted-average interest rate reduction	0%	0%
Weighted-average term extension	12 months	5 months
Commercial Real Estate [Member] | Principal Forgiveness [Member]
Financial Effects of Loan Modifications [Abstract]
Loans modified	$ 0	$ 0
Commercial [Member] | Specialized [Member]
Financial Effects of Loan Modifications [Abstract]
Weighted-average interest rate reduction	0%	0.86%
Weighted-average term extension		56 months
Commercial [Member] | Specialized [Member] | Principal Forgiveness [Member]
Financial Effects of Loan Modifications [Abstract]
Loans modified	$ 0	$ 0
Commercial [Member] | General [Member]
Financial Effects of Loan Modifications [Abstract]
Weighted-average interest rate reduction	0.82%	1.97%
Weighted-average term extension	14 months	16 months
Commercial [Member] | General [Member] | Principal Forgiveness [Member]
Financial Effects of Loan Modifications [Abstract]
Loans modified	$ 0	$ 0
Consumer [Member] | 1-4 Family Residential [Member]
Financial Effects of Loan Modifications [Abstract]
Weighted-average interest rate reduction	0%	1.75%
Weighted-average term extension	10 months	16 months
Consumer [Member] | 1-4 Family Residential [Member] | Principal Forgiveness [Member]
Financial Effects of Loan Modifications [Abstract]
Loans modified	$ 0	$ 0
Consumer [Member] | Auto Loans [Member]
Financial Effects of Loan Modifications [Abstract]
Weighted-average interest rate reduction	0%	0.86%
Weighted-average term extension		11 months
Consumer [Member] | Auto Loans [Member] | Principal Forgiveness [Member]
Financial Effects of Loan Modifications [Abstract]
Loans modified	$ 0	$ 0
Consumer [Member] | Other Consumer [Member]
Financial Effects of Loan Modifications [Abstract]
Weighted-average interest rate reduction	0%	4.75%
Consumer [Member] | Other Consumer [Member] | Principal Forgiveness [Member]
Financial Effects of Loan Modifications [Abstract]
Loans modified	$ 0	$ 0
Construction [Member]
Financial Effects of Loan Modifications [Abstract]
Weighted-average interest rate reduction	4.25%	0%
Weighted-average term extension	5 months	6 months
Construction [Member] | Principal Forgiveness [Member]
Financial Effects of Loan Modifications [Abstract]
Loans modified	$ 0	$ 0

LOANS HELD FOR INVESTMENT, Loan

LOANS HELD FOR INVESTMENT, Loans Modification (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
LOANS HELD FOR INVESTMENT [Abstract]
Financing Receivable, Modified, Subsequent Default	$ 0	$ 297
Loans modified as TDR			$ 0

FORECLOSED ASSETS, Foreclosed A

FORECLOSED ASSETS, Foreclosed Assets Activity (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Foreclosed Assets [Roll Forward]
Beginning balance	$ 912	$ 169	$ 1,032
Additions	1,927	2,302	764
Sales, net	(2,201)	(1,417)	(1,627)
Current year valuation write-down	(108)	(142)	0
Ending balance	$ 530	$ 912	$ 169

FORECLOSED ASSETS, Valuation Al

FORECLOSED ASSETS, Valuation Allowance (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Activity of Valuation Allowance [Abstract]
Beginning balance	$ 142	$ 0	$ 0
Current year valuation write-down	108	142	0
Reduction from sales	(142)	0	0
Ending balance	$ 108	$ 142	$ 0

FORECLOSED ASSETS, Net Expenses

FORECLOSED ASSETS, Net Expenses Related to Foreclosed Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Net expenses related to foreclosed assets [Abstract]
Net gain on sales	$ 25	$ 0	$ (424)
Current year valuation write-down	108	142	0
Operating expenses, net of rental income	136	42	65
Foreclosed assets expense, net	$ 269	$ 184	$ (359)

PREMISES AND EQUIPMENT (Details

PREMISES AND EQUIPMENT (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Premises and Equipment [Abstract]
Premises and equipment, gross	$ 124,752	$ 127,709
Less accumulated depreciation	(71,801)	(72,639)
Premises and equipment, net	52,951	55,070
Depreciation expense	5,300	5,100	$ 5,100
Land [Member]
Premises and Equipment [Abstract]
Premises and equipment, gross	9,514	9,530
Buildings and Improvements [Member]
Premises and Equipment [Abstract]
Premises and equipment, gross	66,707	66,558
Furniture and Equipment [Member]
Premises and Equipment [Abstract]
Premises and equipment, gross	47,166	51,225
Construction in Process [Member]
Premises and Equipment [Abstract]
Premises and equipment, gross	$ 1,365	$ 396

LEASES, Lessee Arrangements (De

LEASES, Lessee Arrangements (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2024 USD ($) Lease	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Lessee Arrangements [Abstract]
Finance leases	$ 0	$ 0
Balance Sheet Components of Leases [Abstract]
Operating lease right of use assets (included in Other assets)	$ 7,968	$ 8,681
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Other assets	Other assets
Operating lease liabilities (included in Accrued expenses and other liabilities)	$ 8,906	$ 9,630
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Accrued expenses and other liabilities	Accrued expenses and other liabilities
Operating lease costs, including short-term lease costs	$ 2,400	$ 2,900	$ 2,900
Cash paid for amounts included in the measurement of lease liabilities [Abstract]
Operating cash flows used in operating leases	1,906	2,004
Right-of-use assets obtained in exchange for new lease obligations [Abstract]
Operating leases	$ 636	$ 2,515
Weighted average remaining lease term	9 years 2 months 19 days	9 years 10 months 24 days
Weighted average discount rate	5.64%	5.51%
Maturities of Operating Lease Liabilities [Abstract]
2025	$ 1,637
2026	1,558
2027	1,435
2028	1,276
2029	1,107
Thereafter	4,499
Total minimum lease payments	11,512
Less: Amount representing interest	(2,606)
Lease liabilities	$ 8,906	$ 9,630
Leases Not yet Commenced [Abstract]
Number of additional operating leases that have not yet commenced | Lease	0
Maximum [Member]
Lessee Arrangements [Abstract]
Termination period for leases	1 year

LEASES, Lessor Arrangements (De

LEASES, Lessor Arrangements (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Lessor Arrangements [Abstract]
Operating lease income	$ 883	$ 839	$ 800
Operating Lease, Lease Income, Statement of Income or Comprehensive Income [Extensible Enumeration]	Occupancy and equipment, net	Occupancy and equipment, net	Occupancy and equipment, net

GOODWILL AND INTANGIBLES (Detai

GOODWILL AND INTANGIBLES (Details) - USD ($) $ in Thousands		12 Months Ended
	Mar. 31, 2023	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Goodwill [Abstract]
Goodwill		$ 19,315	$ 19,315
Amortized Intangible Assets [Abstract]
Other intangible assets, net		1,720	2,429
Amortization expense of other intangibles		700	1,000	$ 1,500
Windmark [Member]
Amortized Intangible Assets [Abstract]
Removal of goodwill	$ 193
Removal of other intangible assets, net of accumulated amortization	$ 942
Core Deposit Intangible [Member]
Amortized Intangible Assets [Abstract]
Other intangible assets, gross		6,679	6,679
Less: Accumulated amortization		(4,959)	$ (4,250)
Estimated Amount of Amortization Expense to Be Recognized over Next Five Years [Abstract]
2025		587
2026		465
2027		344
2028		223
2029		$ 101

MORTGAGE SERVICING RIGHTS (Deta

MORTGAGE SERVICING RIGHTS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Mortgage Servicing Rights Asset [Roll Forward]
Beginning balance	$ 26,569	$ 27,474	$ 19,700
Additions	958	1,470	3,069
Valuation adjustment	(1,235)	(2,375)	4,705
Ending balance	26,292	26,569	$ 27,474
Mortgage Servicing Rights Other Information [Abstract]
Mortgage loans serviced for others	$ 1,903,854	$ 2,001,476
Mortgage servicing rights assets as a percentage of serviced mortgage loans	1.38%	1.33%
Key Assumptions Used in Measuring Fair Value of Mortgage Servicing Rights [Abstract]
Weighted average constant prepayment rate	7.16%	7.46%
Weighted average discount rate	10.17%	10.66%
Weighted average life in years	8 years 1 month 2 days	8 years 1 month 2 days

DEPOSITS (Details)

DEPOSITS (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
DEPOSITS [Abstract]
Time deposit meeting or exceeding FDIC Insurance limit of $250,000	$ 208,800	$ 170,400
Maturities of Time Deposits [Abstract]
2025	417,914
2026	19,778
2027	2,348
2028	2,776
2029	1,665
Thereafter	71
Total	$ 444,552

BORROWING ARRANGEMENTS, Short-t

BORROWING ARRANGEMENTS, Short-term Borrowings (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Federal Funds Purchased [Member]
Short-term borrowings [Abstract]
Short-term borrowings	$ 0
Short-term borrowings, maturity period	1 day
FHLB Short-Term Advances [Member]
Short-term borrowings [Abstract]
Short-term borrowings		$ 0

BORROWING ARRANGEMENTS, Lines o

BORROWING ARRANGEMENTS, Lines of Credit (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Line of Credit Facility [Abstract]
Carrying amount of FHLB stock	$ 3.1	$ 3
FHLB stock, available borrowing capacity	1,100	1,100
Outstanding borrowings	0	0
Bank Subsidiary [Member] | Federal Reserve Bank of Dallas (FRB) [Member]
Line of Credit Facility [Abstract]
Line of credit, current borrowing capacity	654	595.4
Bank Subsidiary [Member] | Multiple Banks [Member]
Line of Credit Facility [Abstract]
Line of credit, current borrowing capacity	$ 140	$ 140

BORROWING ARRANGEMENTS, Notes P

BORROWING ARRANGEMENTS, Notes Payable and Other Borrowings (Details) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Federal Home Loan Bank Advance [Member] | Federal Home Loan Bank of Dallas [Member] | City Bank [Member]
Detail of Advances from FHLB [Abstract]
Original amount of advances	$ 0	$ 0

BORROWING ARRANGEMENTS, Junior

BORROWING ARRANGEMENTS, Junior Subordinated Deferrable Interest Debentures and Trust Preferred Securities (Details) - USD ($) $ in Thousands			12 Months Ended
		Nov. 08, 2023	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2018
Detail of debentures and TPS [Abstract]
Amount of debentures			$ 46,393	$ 46,393
Subordinated Debt [Member]
Junior Subordinated Deferrable Interest Debentures and Trust Preferred Securities [Abstract]
Debt instrument, face amount			64,100	$ 64,100
Trust Preferred Securities [Member]
Junior Subordinated Deferrable Interest Debentures and Trust Preferred Securities [Abstract]
Common capital securities issued by the trusts			1,400
Detail of debentures and TPS [Abstract]
Amount of TPS			45,000
Debentures [Member]
Detail of debentures and TPS [Abstract]
Amount of debentures			$ 46,393
Debentures and Trust Preferred Securities [Member] | Maximum [Member]
Junior Subordinated Deferrable Interest Debentures and Trust Preferred Securities [Abstract]
Number of consecutive years during which interest can be deferred			5 years
Detail of debentures and TPS [Abstract]
Period after issue date when debt securities may be redeemed			5 years
SPFCT III [Member] | Trust Preferred Securities [Member]
Detail of debentures and TPS [Abstract]
Amount of TPS			$ 10,000
SPFCT III [Member] | Debentures [Member]
Detail of debentures and TPS [Abstract]
Amount of debentures			$ 10,310
SPFCT III [Member] | Debentures and Trust Preferred Securities [Member]
Junior Subordinated Deferrable Interest Debentures and Trust Preferred Securities [Abstract]
Debt instrument, maturity date	[1]		Dec. 31, 2034
Detail of debentures and TPS [Abstract]
Issue date			Dec. 31, 2004
Stated maturity date	[1]		Dec. 31, 2034
Variable Rate Basis	[2],[3]		3-mo. CME Term SOFR + 291bps; 7.54%
Term of variable rate	[2],[3]		3 months
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]	[2],[3]		spfi:ChicagoMercantileExchangeTermSecuredOvernightFinancingRateSOFRRateMember
Basis spread on variable rate	[2],[3]		2.91%
Interest rate	[2],[3]		7.54%
SPFCT IV [Member] | Trust Preferred Securities [Member]
Detail of debentures and TPS [Abstract]
Amount of TPS			$ 20,000
SPFCT IV [Member] | Debentures [Member]
Detail of debentures and TPS [Abstract]
Amount of debentures			$ 20,619
SPFCT IV [Member] | Debentures and Trust Preferred Securities [Member]
Junior Subordinated Deferrable Interest Debentures and Trust Preferred Securities [Abstract]
Debt instrument, maturity date	[1]		Dec. 31, 2035
Detail of debentures and TPS [Abstract]
Issue date			Dec. 31, 2005
Stated maturity date	[1]		Dec. 31, 2035
Variable Rate Basis	[2],[3]		3-mo. CME Term SOFR + 165bps; 6.01%
Term of variable rate	[2],[3]		3 months
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]	[2],[3]		spfi:ChicagoMercantileExchangeTermSecuredOvernightFinancingRateSOFRRateMember
Basis spread on variable rate	[2],[3]		1.65%
Interest rate	[2],[3]		6.01%
SPFCT V [Member] | Trust Preferred Securities [Member]
Detail of debentures and TPS [Abstract]
Amount of TPS			$ 15,000
SPFCT V [Member] | Debentures [Member]
Detail of debentures and TPS [Abstract]
Amount of debentures			$ 15,464
SPFCT V [Member] | Debentures and Trust Preferred Securities [Member]
Junior Subordinated Deferrable Interest Debentures and Trust Preferred Securities [Abstract]
Debt instrument, maturity date	[1]		Dec. 31, 2037
Detail of debentures and TPS [Abstract]
Issue date			Dec. 31, 2007
Stated maturity date	[1]		Dec. 31, 2037
Variable Rate Basis	[2],[3]		3-mo. CME Term SOFR + 176bps; 6.12%
Term of variable rate	[2],[3]		3 months
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]	[2],[3]		spfi:ChicagoMercantileExchangeTermSecuredOvernightFinancingRateSOFRRateMember
Basis spread on variable rate	[2],[3]		1.76%
Interest rate	[2],[3]		6.12%
Subordinated Debt Securities Issued in December 2018 [Member] | Subordinated Debt [Member]
Junior Subordinated Deferrable Interest Debentures and Trust Preferred Securities [Abstract]
Debt instrument, face amount					$ 26,500
Subordinated Debt Securities Issued in December 2018 [Member] | Subordinated Debt [Member] | Debt Securities One [Member]
Junior Subordinated Deferrable Interest Debentures and Trust Preferred Securities [Abstract]
Debt instrument, maturity date		Dec. 15, 2023	Dec. 31, 2028
Debt instrument, face amount		$ 12,400			$ 12,400
Detail of debentures and TPS [Abstract]
Stated maturity date		Dec. 15, 2023	Dec. 31, 2028
[1]May be redeemed five years from the issue date, the Company has no current plans to redeem;[2]Interest payable quarterly with principal due at maturity;[3]Rate as of last reset date.

BORROWING ARRANGEMENTS, Subordi

BORROWING ARRANGEMENTS, Subordinated Debt (Details) - USD ($) $ in Thousands		12 Months Ended
	Nov. 08, 2023	Dec. 31, 2024	Dec. 31, 2023	Sep. 29, 2020	Dec. 31, 2018
Subordinated Debt [Abstract]
Subordinated debt		$ 63,961	$ 63,775
Subordinated Debt [Member]
Subordinated Debt [Abstract]
Debt instrument, face amount		64,100	64,100
Debt issuance cost		139	325
Subordinated debt		$ 64,000	$ 63,800
Subordinated Debt [Member] | Subordinated Debt Securities Issued in December 2018 [Member]
Subordinated Debt [Abstract]
Debt instrument, face amount					$ 26,500
Subordinated Debt [Member] | Subordinated Debt Securities Issued in December 2018 [Member] | Debt Securities One [Member]
Subordinated Debt [Abstract]
Debt instrument, face amount	$ 12,400				$ 12,400
Debt instrument, maturity date	Dec. 15, 2023	Dec. 31, 2028
Debt instrument, weighted average interest rate					5.74%
Debt instrument, period of fixed interest rate		5 years
Debt instrument, variable interest rate, floor		4%
Debt instrument, variable interest rate, ceiling		7.50%
Subordinated Debt [Member] | Subordinated Debt Securities Issued in December 2018 [Member] | Debt Securities One [Member] | Maximum [Member]
Subordinated Debt [Abstract]
Remaining maturity period during which debt can be called		5 years
Subordinated Debt [Member] | Subordinated Debt Securities Issued in December 2018 [Member] | Debt Securities Two [Member]
Subordinated Debt [Abstract]
Debt instrument, face amount					$ 14,100
Debt instrument, maturity date		Dec. 31, 2030
Debt instrument, weighted average interest rate					6.41%
Debt instrument, period of fixed interest rate		7 years
Debt instrument, variable interest rate, floor		4%
Debt instrument, variable interest rate, ceiling		7.50%
Subordinated Debt [Member] | Subordinated Debt Securities Issued in December 2018 [Member] | Debt Securities Two [Member] | Maximum [Member]
Subordinated Debt [Abstract]
Remaining maturity period during which debt can be called		5 years
Subordinated Debt [Member] | Subordinated Debt Securities Issued in September 29, 2020 [Member]
Subordinated Debt [Abstract]
Debt instrument, face amount				$ 50,000
Debt issuance cost				$ 926
Debt instrument, maturity date		Sep. 30, 2030
Debt instrument, initial interest rate				4.50%
Debt instrument, period of fixed interest rate		5 years
Term of variable rate		3 months
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]		SOFR [Member]
Basis spread on variable rate		4.38%
Subordinated Debt [Member] | Subordinated Debt Securities Issued in September 29, 2020 [Member] | Maximum [Member]
Subordinated Debt [Abstract]
Remaining maturity period during which debt can be called		5 years

EMPLOYEE BENEFITS, 401(k) Plan

EMPLOYEE BENEFITS, 401(k) Plan (Details) - 401K Plan [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
EMPLOYEE BENEFITS [Abstract]
Percentage of employer matching contribution for first 5% of participant's contribution	100%
Percentage of participant's compensation contributed for employer's 100% matching contribution	5%
Expense for contributions to 401 (k) plan	$ 1.8	$ 1.8	$ 1.9

EMPLOYEE BENEFITS, Employee Hea

EMPLOYEE BENEFITS, Employee Health Benefits (Details) - Employee Health Benefits [Member] $ in Thousands	12 Months Ended
	Dec. 31, 2024 USD ($) h	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Employee Health Benefits [Abstract]
Waiting period to be eligible for non-officers	60 days
Welfare benefit expense	$ 4,500	$ 4,400	$ 4,200
Accrued benefit obligations	746	$ 742
Annual limit for stop loss amount per participant	$ 150
Minimum [Member]
Employee Health Benefits [Abstract]
Number of working hours required per week to be eligible to cover under self-insured welfare benefit plan | h	30

EMPLOYEE BENEFITS, Non-Qualifie

EMPLOYEE BENEFITS, Non-Qualified Plans (Details) - Executive Salary Continuation Plan [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Non-Qualified Plans [Abstract]
Liabilities for cost of benefits accrued	$ 13.7	$ 13.3
Charges to income for plans	$ 1.1	$ 1.1	$ 1
Defined Benefit Plan, Tax Status [Extensible Enumeration]	us-gaap:NonqualifiedPlanMember	us-gaap:NonqualifiedPlanMember	us-gaap:NonqualifiedPlanMember
Defined Benefit Plan, Funding Status [Extensible Enumeration]	us-gaap:UnfundedPlanMember	us-gaap:UnfundedPlanMember	us-gaap:UnfundedPlanMember

STOCK-BASED COMPENSATION, Equit

STOCK-BASED COMPENSATION, Equity Incentive Plan (Details) - 2019 Equity Incentive Plan [Member] - shares	Mar. 06, 2019	Dec. 31, 2024
Equity Incentive Plan [Abstract]
Maximum aggregate number of shares of common stock that may be issued (in shares)		4,919,509
Maximum [Member]
Equity Incentive Plan [Abstract]
Annual increase in number of shares that may be issued	3%

STOCK-BASED COMPENSATION, Stock

STOCK-BASED COMPENSATION, Stock Options Activity (Details) - 2019 Equity Incentive Plan [Member] - Stock Options [Member] $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2024 USD ($) $ / shares shares
Number of Shares [Roll Forward]
Outstanding at beginning of year (in shares) | shares	1,280,858
Granted (in shares) | shares	32,465
Exercised (in shares) | shares	(137,536)
Forfeited (in shares) | shares	0
Expired (in shares) | shares	0
Outstanding at end of year (in shares) | shares	1,175,787
Exercisable at end of period (in shares) | shares	1,064,695
Vested at end of period (in shares) | shares	1,064,695
Weighted-Average Exercise Price [Abstract]
Outstanding at beginning of year (in dollars per share) | $ / shares	$ 16.91
Granted (in dollars per share) | $ / shares	29.32
Exercised (in dollars per share) | $ / shares	11.97
Forfeited (in dollars per share) | $ / shares	0
Expired (in dollars per share) | $ / shares	0
Outstanding at end of year (in dollars per share) | $ / shares	17.83
Exercisable at end of period (in dollars per share) | $ / shares	17.01
Vested at end of period (in dollars per share) | $ / shares	$ 17.01
Weighted Average Remaining Contractual Life in Years [Abstract]
Outstanding	4 years 6 months 14 days
Exercisable at end of period	4 years 2 months 19 days
Vested at end of period	4 years 2 months 19 days
Aggregate Intrinsic Value [Abstract]
Outstanding at beginning of year | $	$ 22,849
Granted | $	176
Exercised | $	(3,133)
Forfeited | $	0
Expired | $	0
Outstanding at end of year | $	19,892
Exercisable at end of period | $	18,886
Vested at end of period | $	$ 18,886

STOCK-BASED COMPENSATION, Fair

STOCK-BASED COMPENSATION, Fair Value Assumptions (Details) - Stock Options [Member] - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Summary of Assumptions Used to Calculate Fair Value of Awards [Abstract]
Expected volatility	40.45%
Expected dividend yield	1.80%		1.30%
Expected term (years)	6 years 1 month 6 days
Risk-free interest rate	3.94%
Weighted average grant date fair value (in dollars per share)	$ 11.1	$ 10.26	$ 10.54
Minimum [Member]
Summary of Assumptions Used to Calculate Fair Value of Awards [Abstract]
Expected volatility		39.13%	40.20%
Expected dividend yield		1.74%
Expected term (years)		6 years 1 month 6 days	6 years 1 month 6 days
Risk-free interest rate		3.91%	1.56%
Maximum [Member]
Summary of Assumptions Used to Calculate Fair Value of Awards [Abstract]
Expected volatility		39.68%	40.29%
Expected dividend yield		1.90%
Expected term (years)		6 years 3 months 18 days	6 years 3 months 18 days
Risk-free interest rate		3.98%	1.95%
2019 Equity Incentive Plan [Member]
Equity Incentive Plan [Abstract]
Intrinsic value of options exercised	$ 3.3	$ 1.8	$ 3.9

STOCK-BASED COMPENSATION, Restr

STOCK-BASED COMPENSATION, Restricted Stock Awards and Units (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Weighted-Average Exercise Price [Abstract]
Stock-based compensation	$ 2,318	$ 2,157	$ 2,753
Restricted Stock Units [Member]
Number of Shares [Roll Forward]
Outstanding at beginning of year (in shares)	125,917
Granted (in shares)	89,103
Exercised (in shares)	(23,478)
Forfeited (in shares)	(3,647)
Outstanding at end of year (in shares)	187,895	125,917
Weighted-Average Exercise Price [Abstract]
Outstanding at beginning of year (in dollars per share)	$ 26.58
Granted (in dollars per share)	26.56
Exercised (in dollars per share)	27.38
Forfeited (in dollars per share)	24.54
Outstanding at end of year (in dollars per share)	$ 26.51	$ 26.58
Fair value of restricted stock units vested	$ 643	$ 931	601
Stock-based compensation	2,300	$ 2,200	$ 2,800
Unrecognized compensation cost	$ 3,200
Weighted average remaining period, recognition of compensation cost	1 year 7 months 24 days
Restricted Stock Units [Member] | Minimum [Member]
Weighted-Average Exercise Price [Abstract]
Award vesting period	1 year
Restricted Stock Units [Member] | Maximum [Member]
Weighted-Average Exercise Price [Abstract]
Award vesting period	4 years

STOCK-BASED COMPENSATION, Emplo

STOCK-BASED COMPENSATION, Employee Stock Purchase Plan (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Employee Stock Purchase Plan [Abstract]
Stock-based compensation expense	$ 2,318	$ 2,157	$ 2,753
ESPP [Member]
Employee Stock Purchase Plan [Abstract]
Percentage of discount on common stock	15%
Maximum aggregate number of shares of common stock that may be issued (in shares)	1,000,000
Maximum number of shares per employee (in shares)	1,200
Stock-based compensation expense	$ 53
Unrecognized compensation expense	$ 11
Weighted average remaining period, recognition of compensation cost	1 month
Number of shares issued ESPP (in shares)	0
Summary of Assumptions Used to Calculate Fair Value of Awards [Abstract]
Expected volatility	31.31%
Expected dividend yield	1.89%
Expected term (years)	6 months
Risk-free interest rate	5.02%

INCOME TAXES, Components of Inc

INCOME TAXES, Components of Income Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Current expense [Abstract]
Federal	$ 14,184	$ 16,192	$ 13,250
State	440	381	302
Deferred expense [Abstract]
Federal	(1,049)	99	1,359
Total	$ 13,575	$ 16,672	$ 14,911

INCOME TAXES, Effective Income

INCOME TAXES, Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
INCOME TAXES [Abstract]
Federal statutory rate	21%
Reconciliation of Income Tax Expenses [Abstract]
Federal statutory rate times financial statement income	$ 13,291	$ 16,678	$ 15,362
Effect of [Abstract]
Tax-exempt income	(701)	(836)	(953)
State taxes, net of federal benefit	348	301	239
Earnings from bank owned life insurance	(326)	(279)	(251)
Non-deductible expenses	648	675	409
Other, net	315	133	105
Total	$ 13,575	$ 16,672	$ 14,911
Effective tax rate	21.45%	20.99%	20.38%

INCOME TAXES, Deferred Tax Asse

INCOME TAXES, Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Deferred tax assets [Abstract]
Allowance for credit losses	$ 9,080	$ 8,895
Deferred compensation	5,884	5,640
Leases	197	200
Other real estate owned	23	30
Nonaccrual loans	320	78
Unrealized gain on available-for-sale securities	19,273	17,234
Other	446	456
Total deferred tax assets	35,223	32,533
Deferred tax liabilities [Abstract]
Depreciation	(2,457)	(2,800)
Intangibles	(401)	(626)
Prepaid expenses	(704)	(564)
Mortgage servicing rights	(5,521)	(5,580)
Other	(3,300)	(3,550)
Total deferred tax liabilities	(12,383)	(13,120)
Net deferred tax asset	$ 22,840	$ 19,413

RELATED-PARTY TRANSACTIONS (Det

RELATED-PARTY TRANSACTIONS (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
RELATED-PARTY TRANSACTIONS [Abstract]
Direct and indirect loans to related parties, aggregated amount	$ 44.3	$ 10.7
Charge-offs related to related-party loans	$ 0	$ 0

OFF-BALANCE-SHEET ACTIVITIES,_3

OFF-BALANCE-SHEET ACTIVITIES, COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
FHLB Letters of Credit [Abstract]
Letters of credit outstanding balance	$ 75,000	$ 0
Commitments to Grant Loans and Unfunded Commitments Under Lines of Credit [Member]
Financial instruments with off-balance sheet risk [Abstract]
Financial instruments whose contract amounts represent credit risk outstanding	537,688	598,800
Standby Letters-of-credit [Member]
Financial instruments with off-balance sheet risk [Abstract]
Financial instruments whose contract amounts represent credit risk outstanding	$ 18,696	$ 11,503

CAPITAL AND REGULATORY MATTER_2

CAPITAL AND REGULATORY MATTERS (Details) $ in Thousands	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)
Consolidated [Member]
Total Capital to Risk Weighted Assets [Abstract]
Actual, Amount	$ 631,713	$ 589,565
Actual, Ratio	0.1786	0.1674
Minimum Required Under BASEL III Fully Phased In, Amount	$ 371,426	$ 369,753
Minimum Required Under BASEL III Fully Phased In, Ratio	0.105	0.105
Tier 1 Capital to Risk Weighted Assets [Abstract]
Actual, Amount	$ 523,535	$ 482,044
Actual, Ratio	0.148	0.1369
Minimum Required Under BASEL III Fully Phased In, Amount	$ 300,678	$ 299,324
Minimum Required Under BASEL III Fully Phased In, Ratio	0.085	0.085
Common Equity Tier 1 to Risk Weighted Assets [Abstract]
Actual, Amount	$ 478,535	$ 437,044
Actual, Ratio	0.1353	0.1241
Minimum Required Under BASEL III Fully Phased In, Amount	$ 247,617	$ 246,502
Minimum Required Under BASEL III Fully Phased In, Ratio	0.07	0.07
Tier 1 Capital to Average Assets [Abstract]
Actual, Amount	$ 523,535	$ 482,044
Actual, Ratio	0.1204	0.1133
Minimum Required Under BASEL III Fully Phased In, Amount	$ 174,777	$ 171,037
Minimum Required Under BASEL III Fully Phased In, Ratio	0.04	0.04
City Bank [Member]
Total Capital to Risk Weighted Assets [Abstract]
Actual, Amount	$ 520,788	$ 494,353
Actual, Ratio	0.1473	0.1404
Minimum Required Under BASEL III Fully Phased In, Amount	$ 371,351	$ 369,635
Minimum Required Under BASEL III Fully Phased In, Ratio	0.105	0.105
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 353,667	$ 352,033
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.10	0.10
Tier 1 Capital to Risk Weighted Assets [Abstract]
Actual, Amount	$ 476,574	$ 450,607
Actual, Ratio	0.1348	0.128
Minimum Required Under BASEL III Fully Phased In, Amount	$ 300,617	$ 299,228
Minimum Required Under BASEL III Fully Phased In, Ratio	0.085	0.085
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 282,934	$ 281,627
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.08	0.08
Common Equity Tier 1 to Risk Weighted Assets [Abstract]
Actual, Amount	$ 476,574	$ 450,607
Actual, Ratio	0.1348	0.128
Minimum Required Under BASEL III Fully Phased In, Amount	$ 247,567	$ 246,423
Minimum Required Under BASEL III Fully Phased In, Ratio	0.07	0.07
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 229,884	$ 228,822
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.065	0.065
Tier 1 Capital to Average Assets [Abstract]
Actual, Amount	$ 476,574	$ 450,607
Actual, Ratio	0.1096	0.106
Minimum Required Under BASEL III Fully Phased In, Amount	$ 174,710	$ 170,945
Minimum Required Under BASEL III Fully Phased In, Ratio	0.04	0.04
To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 217,336	$ 212,594
To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	0.05	0.05

DERIVATIVES, Fair Value Hedges

DERIVATIVES, Fair Value Hedges in Consolidated Balance Sheets (Details) - Fair Value Hedging [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Interest Rate Swaps [Member] | Other Liabilities [Member]
Fair value hedges included in Consolidated Balance Sheets [Abstract]
Derivative liability, notional amount	$ 0	$ 987
Derivative liability, fair value	0	10
Interest Rate Swaps [Member] | Other Assets [Member]
Fair value hedges included in Consolidated Balance Sheets [Abstract]
Derivative asset, notional amount	11,803	7,796
Derivative asset, fair value	205	158
Interest Rate Swaps [Member] | Other Noninterest Expense [Member]
Changes in fair value hedges included in Consolidated Statements of Comprehensive Income [Abstract]
Interest rate swaps - fair value hedges	(1,133)	(3,497)	$ 14,439
Fair value hedge ineffectiveness	1,619	3,685	(14,607)
Interest Rate Swaps [Member] | Interest Income [Member]
Changes in fair value hedges included in Consolidated Statements of Comprehensive Income [Abstract]
Interest rate swaps - fair value hedges	57	(334)	911
Fair value hedge ineffectiveness	24	335	$ (918)
Cash Flow Swaps [Member] | Other Liabilities [Member]
Fair value hedges included in Consolidated Balance Sheets [Abstract]
Derivative liability, notional amount	0	0
Derivative liability, fair value	0	0
Cash Flow Swaps [Member] | Other Assets [Member]
Fair value hedges included in Consolidated Balance Sheets [Abstract]
Derivative asset, notional amount	123,760	123,760
Derivative asset, fair value	$ 15,495	$ 16,628

DERIVATIVES, Mortgage Banking D

DERIVATIVES, Mortgage Banking Derivatives (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Other Assets [Member] | Interest Rate Swap [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Cash collateral advanced to offset liability position	$ 1,100	$ 1,100
Other Liabilities [Member] | Interest Rate Swap [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Cash collateral received to offset asset derivative positions	17,000	18,300
Mortgage Forward Contracts [Member] | Other Assets [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Cash collateral advanced to offset liability position	270	440
Mortgage Banking [Member] | Mortgage Banking Derivatives [Member] | Net Gain (Loss) on Sales of Loans [Member]
Derivative instruments impact on results of operations [Abstract]
Gain (loss) on mortgage banking derivatives	264	(405)	$ (1,109)
Mortgage Banking [Member] | Forward Contracts [Member] | Other Assets [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Derivative asset, notional amount	16,000	0
Derivative asset, fair value	76	0
Mortgage Banking [Member] | Forward Contracts [Member] | Other Liabilities [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Derivative liability, notional amount	1,277	19,021
Derivative liability, fair value	12	422
Mortgage Banking [Member] | Interest Rate Lock Commitments [Member] | Other Assets [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Derivative asset, notional amount	12,937	16,887
Derivative asset, fair value	222	444
Mortgage Banking [Member] | Interest Rate Lock Commitments [Member] | Other Liabilities [Member]
Notional amount and fair value of mortgage banking derivatives in Consolidated Balance Sheets [Abstract]
Derivative liability, notional amount	0	0
Derivative liability, fair value	$ 0	$ 0

PARENT COMPANY ONLY CONDENSED_3

PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION, Condensed Balance Sheets (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
ASSETS [Abstract]
Cash and cash equivalents	$ 359,082	$ 330,158
Other assets	42,699	47,396
Total assets	4,232,239	4,204,793
LIABILITIES AND STOCKHOLDERS' EQUITY [Abstract]
Accrued expenses and other liabilities	62,060	61,358
Stockholders' equity	438,949	407,114	$ 357,014	$ 407,427
Total liabilities and stockholders' equity	4,232,239	4,204,793
South Plains Financial, Inc. [Member]
ASSETS [Abstract]
Cash and cash equivalents	104,856	87,167
Other assets	9,060	12,592
Total assets	550,956	520,487
LIABILITIES AND STOCKHOLDERS' EQUITY [Abstract]
Debt	110,354	110,168
Accrued expenses and other liabilities	1,653	3,205
Stockholders' equity	438,949	407,114
Total liabilities and stockholders' equity	550,956	520,487
South Plains Financial, Inc. [Member] | Bank Subsidiary [Member]
ASSETS [Abstract]
Investment in subsidiary	436,989	420,677
South Plains Financial, Inc. [Member] | Other Subsidiary [Member]
ASSETS [Abstract]
Investment in subsidiary	$ 51	$ 51

PARENT COMPANY ONLY CONDENSED_4

PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION, Condensed Statements of Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Interest expense	$ (93,801)	$ (72,286)	$ (22,692)
Other expense	(15,658)	(16,118)	(17,522)
Income before income taxes	63,292	79,417	73,151
Income tax benefit	13,575	16,672	14,911
Net income	49,717	62,745	58,240
South Plains Financial, Inc. [Member]
Income Statement [Abstract]
Dividends	31,400	35,000	40,375
Other income	102	100	52
Interest expense	(6,721)	(7,294)	(5,689)
Other expense	(2,168)	(1,897)	(1,768)
Income before income taxes	22,613	25,909	32,970
Income tax benefit	(1,845)	(1,904)	(1,555)
Equity in undistributed subsidiary income	25,259	34,932	23,715
Net income	$ 49,717	$ 62,745	$ 58,240

PARENT COMPANY ONLY CONDENSED_5

PARENT COMPANY ONLY CONDENSED FINANCIAL INFORMATION, Condensed Statements of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Cash flows from operating activities [Abstract]
Net income	$ 49,717	$ 62,745	$ 58,240
Adjustments [Abstract]
Stock based compensation	2,318	2,157	2,753
Net cash provided by operating activities	59,381	58,539	123,590
Cash flows from financing activities [Abstract]
Payments to tax authorities for stock-based compensation	(759)	(731)	(1,168)
Payments to repurchase common stock	(1,340)	(17,763)	(22,699)
Cash dividends paid on common stock	(9,154)	(8,745)	(8,012)
Net cash provided by (used in) financing activities	(16,530)	180,112	33,329
Net change in cash and cash equivalents	28,924	95,275	(251,938)
Beginning cash and cash equivalents	330,158	234,883	486,821
Ending cash and cash equivalents	359,082	330,158	234,883
South Plains Financial, Inc. [Member]
Cash flows from operating activities [Abstract]
Net income	49,717	62,745	58,240
Adjustments [Abstract]
Equity in undistributed subsidiary income	(25,259)	(34,932)	(23,715)
Amortization of debt issuance costs	186	186	186
Stock based compensation	2,318	2,157	2,753
Change in other assets	3,532	(3,378)	(3,201)
Change in other liabilities	(1,552)	1,004	369
Net cash provided by operating activities	28,942	27,782	34,632
Cash flows from financing activities [Abstract]
Repayments of long-term borrowings	0	(12,372)	0
Payments to tax authorities for stock-based compensation	(759)	(731)	(1,168)
Payments to repurchase common stock	(1,340)	(17,763)	(22,699)
Cash dividends paid on common stock	(9,154)	(8,745)	(8,012)
Net cash provided by (used in) financing activities	(11,253)	(39,611)	(31,879)
Net change in cash and cash equivalents	17,689	(11,829)	2,753
Beginning cash and cash equivalents	87,167	98,996	96,243
Ending cash and cash equivalents	$ 104,856	$ 87,167	$ 98,996

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
EARNINGS PER SHARE [Abstract]
Net income	$ 49,717	$ 62,745	$ 58,240
Weighted average common shares outstanding - basic (in shares)	16,410,336	16,843,753	17,373,138
Effect of dilutive securities [Abstract]
Stock-based compensation awards (in shares)	621,002	489,459	646,690
Weighted average common shares outstanding - diluted (in shares)	17,031,338	17,333,212	18,019,828
Basic earnings per share (in dollars per share)	$ 3.03	$ 3.73	$ 3.35
Diluted earnings per share (in dollars per share)	$ 2.92	$ 3.62	$ 3.23

SEGMENT INFORMATION (Details)

SEGMENT INFORMATION (Details)	12 Months Ended
	Dec. 31, 2024 Segment
SEGMENT INFORMATION [Abstract]
Number of operating segments	1

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Changes in Accumulated Other Comprehensive Income (Loss) By Component, Net of Tax [Roll Forward]
Balance	$ 407,114	$ 357,014	$ 407,427
Other comprehensive income (loss) before reclassification	(8,947)	10,741	(78,810)
Amounts reclassified from other comprehensive	0	2,693	0
Other comprehensive income (loss)	(8,947)	13,434	(78,810)
Balance	438,949	407,114	357,014
Accumulated Other Comprehensive Income (Loss) [Member]
Changes in Accumulated Other Comprehensive Income (Loss) By Component, Net of Tax [Roll Forward]
Balance	(51,674)	(65,108)	13,702
Other comprehensive income (loss)	(8,947)	13,434	(78,810)
Balance	(60,621)	(51,674)	(65,108)
Gains and (Losses) on Fair Value Hedges [Member]
Changes in Accumulated Other Comprehensive Income (Loss) By Component, Net of Tax [Roll Forward]
Balance	13,160	16,072	4,532
Other comprehensive income (loss) before reclassification	(1,279)	(2,912)	11,540
Amounts reclassified from other comprehensive	0	0	0
Other comprehensive income (loss)	(1,279)	(2,912)	11,540
Balance	11,881	13,160	16,072
Unrealized Gains and (Losses) on Securities Available for Sale [Member]
Changes in Accumulated Other Comprehensive Income (Loss) By Component, Net of Tax [Roll Forward]
Balance	(64,834)	(81,180)	9,170
Other comprehensive income (loss) before reclassification	(7,668)	13,653	(90,350)
Amounts reclassified from other comprehensive	0	2,693	0
Other comprehensive income (loss)	(7,668)	16,346	(90,350)
Balance	$ (72,502)	$ (64,834)	$ (81,180)

FAIR VALUE DISCLOSURES, Assets

FAIR VALUE DISCLOSURES, Assets (Liabilities) Measured at Fair Value on Recurring and Non-Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Securities available for sale [Abstract]
Securities available for sale	$ 577,240	$ 622,762
Mortgage servicing rights	26,292	26,569	$ 27,474	$ 19,700
State and Municipal [Member]
Securities available for sale [Abstract]
Securities available for sale	173,297	180,575
Residential Mortgage-backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	264,096	300,704
Commercial Mortgage-backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	40,360	41,748
Commercial Collateralized Mortgage Obligations [Member]
Securities available for sale [Abstract]
Securities available for sale	73,483	71,930
Other Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	11,423	10,765
Recurring [Member]
Securities available for sale [Abstract]
Asset-backed and other amortizing securities	14,581	17,040
Loans held for sale (mandatory)	13,791	6,615
Mortgage servicing rights	26,292	26,569
Asset derivatives	$ 15,998	$ 17,230
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Other assets	Other assets
Liability derivatives	$ (12)	$ (432)
Derivative Liability, Statement of Financial Position [Extensible Enumeration]	Accrued expenses and other liabilities	Accrued expenses and other liabilities
Recurring [Member] | State and Municipal [Member]
Securities available for sale [Abstract]
Securities available for sale	$ 173,297	$ 180,575
Recurring [Member] | Residential Mortgage-backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	264,096	300,704
Recurring [Member] | Commercial Mortgage-backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	40,360	41,748
Recurring [Member] | Commercial Collateralized Mortgage Obligations [Member]
Securities available for sale [Abstract]
Securities available for sale	73,483	71,930
Recurring [Member] | Other Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	11,423	10,765
Recurring [Member] | Level 1 [Member]
Securities available for sale [Abstract]
Asset-backed and other amortizing securities	0	0
Loans held for sale (mandatory)	0	0
Mortgage servicing rights	0	0
Asset derivatives	0	0
Liability derivatives	0	0
Recurring [Member] | Level 1 [Member] | State and Municipal [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Level 1 [Member] | Residential Mortgage-backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Level 1 [Member] | Commercial Mortgage-backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Level 1 [Member] | Commercial Collateralized Mortgage Obligations [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Level 1 [Member] | Other Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Level 2 [Member]
Securities available for sale [Abstract]
Asset-backed and other amortizing securities	14,581	17,040
Loans held for sale (mandatory)	13,791	6,615
Mortgage servicing rights	0	0
Asset derivatives	15,998	17,230
Liability derivatives	(12)	(432)
Recurring [Member] | Level 2 [Member] | State and Municipal [Member]
Securities available for sale [Abstract]
Securities available for sale	173,297	180,575
Recurring [Member] | Level 2 [Member] | Residential Mortgage-backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	264,096	300,704
Recurring [Member] | Level 2 [Member] | Commercial Mortgage-backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	40,360	41,748
Recurring [Member] | Level 2 [Member] | Commercial Collateralized Mortgage Obligations [Member]
Securities available for sale [Abstract]
Securities available for sale	73,483	71,930
Recurring [Member] | Level 2 [Member] | Other Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	11,423	10,765
Recurring [Member] | Level 3 [Member]
Securities available for sale [Abstract]
Asset-backed and other amortizing securities	0	0
Loans held for sale (mandatory)	0	0
Mortgage servicing rights	26,292	26,569
Asset derivatives	0	0
Liability derivatives	0	0
Recurring [Member] | Level 3 [Member] | State and Municipal [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Level 3 [Member] | Residential Mortgage-backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Level 3 [Member] | Commercial Mortgage-backed Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Level 3 [Member] | Commercial Collateralized Mortgage Obligations [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Recurring [Member] | Level 3 [Member] | Other Securities [Member]
Securities available for sale [Abstract]
Securities available for sale	0	0
Non-recurring [Member]
Assets Measured at Fair Value on a Non-Recurring Basis [Abstract]
Loans held for investment	20,566	1,482
Non-recurring [Member] | Level 1 [Member]
Assets Measured at Fair Value on a Non-Recurring Basis [Abstract]
Loans held for investment	0	0
Non-recurring [Member] | Level 2 [Member]
Assets Measured at Fair Value on a Non-Recurring Basis [Abstract]
Loans held for investment	0	0
Non-recurring [Member] | Level 3 [Member]
Assets Measured at Fair Value on a Non-Recurring Basis [Abstract]
Loans held for investment	$ 20,566	$ 1,482

FAIR VALUE DISCLOSURES, Fair Va

FAIR VALUE DISCLOSURES, Fair Values of Assets Recorded on a Recurring Basis (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Fair Values of Assets Recorded on a Recurring Basis for which the Fair Value Option has been Elected [Abstract]
Aggregate fair value of loans held for sale for mandatory delivery	$ 13,791	$ 6,615
Recurring [Member]
Fair Values of Assets Recorded on a Recurring Basis for which the Fair Value Option has been Elected [Abstract]
Gains or losses recorded attributable to changes in instrument-specific credit risk	0	0
Aggregate fair value of loans held for sale for mandatory delivery	13,800	6,600
Aggregate fair value of unpaid principal balance	13,500	6,400
Fair value and unpaid principal balance difference amount	271	190
Loans held for sale for mandatory delivery designated as nonaccrual	0	0
Loans held for sale for mandatory delivery 90 days or more past due	0	0
Impact of fair value options on noninterest income for loans held for sale for mandatory delivery	$ 345	$ (424)	$ (2,100)

FAIR VALUE DISCLOSURES, Quantit

FAIR VALUE DISCLOSURES, Quantitative Information about Recurring and Non-Recurring Level 3 Fair Value Measurements (Details) $ in Thousands	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Mortgage servicing rights	$ 26,292	$ 26,569	$ 27,474	$ 19,700
Non-recurring [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Loans held for investment	20,566	1,482
Non-recurring [Member] | Third Party Appraisals or Inspections [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Loans held for investment	$ 20,566	$ 1,482
Non-recurring [Member] | Third Party Appraisals or Inspections [Member] | Collateral Discounts and Selling Costs [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Loans held for investment, measurement input	0.20
Non-recurring [Member] | Third Party Appraisals or Inspections [Member] | Collateral Discounts and Selling Costs [Member] | Minimum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Loans held for investment, measurement input		0.20
Non-recurring [Member] | Third Party Appraisals or Inspections [Member] | Collateral Discounts and Selling Costs [Member] | Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Loans held for investment, measurement input		1
Recurring [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Mortgage servicing rights	$ 26,292	$ 26,569
Recurring [Member] | Discounted Cash Flows [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Mortgage servicing rights	$ 26,292	$ 26,569
Recurring [Member] | Discounted Cash Flows [Member] | Constant Prepayment Rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Mortgage servicing rights, measurement input	0.0716	0.0746
Recurring [Member] | Discounted Cash Flows [Member] | Discount Rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Abstract]
Mortgage servicing rights, measurement input	0.1017	0.1066

FAIR VALUE DISCLOSURES, Estimat

FAIR VALUE DISCLOSURES, Estimated Fair Values, and Related Carrying Amounts (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Carrying Amount [Member]
Financial assets [Abstract]
Cash and cash equivalents	$ 359,082	$ 330,158
Loans held for investment, net	3,011,817	2,971,797
Loans held for sale (best efforts)	6,751	7,884
Accrued interest receivable	21,687	20,881
Financial liabilities [Abstract]
Deposits	3,620,876	3,626,153
Accrued interest payable	6,108	5,057
Junior subordinated deferrable interest debentures	46,393	46,393
Subordinated debt	63,961	63,775
Fair Value [Member]
Financial assets [Abstract]
Cash and cash equivalents	359,082	330,158
Loans held for investment, net	2,937,678	2,848,536
Loans held for sale (best efforts)	6,875	7,977
Accrued interest receivable	21,687	20,881
Financial liabilities [Abstract]
Deposits	3,621,106	3,625,321
Accrued interest payable	6,108	5,057
Junior subordinated deferrable interest debentures	34,285	33,098
Subordinated debt	60,969	57,497
Level 1 [Member] | Fair Value [Member]
Financial assets [Abstract]
Cash and cash equivalents	359,082	330,158
Loans held for investment, net	0	0
Loans held for sale (best efforts)	0	0
Accrued interest receivable	0	0
Financial liabilities [Abstract]
Deposits	0	0
Accrued interest payable	0	0
Junior subordinated deferrable interest debentures	0	0
Subordinated debt	0	0
Level 2 [Member] | Fair Value [Member]
Financial assets [Abstract]
Cash and cash equivalents	0	0
Loans held for investment, net	0	0
Loans held for sale (best efforts)	6,875	7,977
Accrued interest receivable	21,687	20,881
Financial liabilities [Abstract]
Deposits	3,621,106	3,625,321
Accrued interest payable	6,108	5,057
Junior subordinated deferrable interest debentures	34,285	33,098
Subordinated debt	60,969	57,497
Level 3 [Member] | Fair Value [Member]
Financial assets [Abstract]
Cash and cash equivalents	0	0
Loans held for investment, net	2,937,678	2,848,536
Loans held for sale (best efforts)	0	0
Accrued interest receivable	0	0
Financial liabilities [Abstract]
Deposits	0	0
Accrued interest payable	0	0
Junior subordinated deferrable interest debentures	0	0
Subordinated debt	$ 0	$ 0

IMMATERIAL CORRECTION OF PRIO_3

IMMATERIAL CORRECTION OF PRIOR PERIOD ERROR (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Corrected Consolidated Statement of Cash Flows [Abstract]
Proceeds from sales of loans held for sale	$ 296,163	$ 347,583	$ 662,294
Loans originated for sale	$ (292,640)	$ (322,122)	(598,495)
As Reported [Member]
Corrected Consolidated Statement of Cash Flows [Abstract]
Proceeds from sales of loans held for sale			783,212
Loans originated for sale			(719,413)
Immaterial Correction [Member]
Corrected Consolidated Statement of Cash Flows [Abstract]
Proceeds from sales of loans held for sale			(120,918)
Loans originated for sale			$ 120,918

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - $ / shares		12 Months Ended
	Jan. 23, 2025	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Dividend Declaration [Abstract]
Dividends declared per share (in dollars per share)		$ 0.56	$ 0.52	$ 0.46
Subsequent Event [Member] | Dividend Declared Q1 2025 [Member]
Dividend Declaration [Abstract]
Dividends declared date	Jan. 23, 2025
Dividends declared per share (in dollars per share)	$ 0.15
Dividends payable date	Feb. 18, 2025
Dividends record date	Feb. 03, 2025