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Note 6 - Securities Available-for-Sale and Held-to-Maturity (Tables)
3 Months Ended
Mar. 31, 2023
Notes Tables  
Debt Securities, Available-for-Sale [Table Text Block]
           

Gross

   

Gross

         

March 31, 2023

 

Amortized

   

Unrealized

   

Unrealized

   

Estimated

 
   

Cost

   

Gains

   

Losses

   

Fair Value

 
Securities available-for-sale                                

Mortgage backed securities

  $ 104,478     $ 6     $ 8,948     $ 95,536  

State, County, Municipals

    134,667       24       28,930       105,761  

Other securities

    500     $ -     $ 57     $ 443  

Total

  $ 239,645     $ 30     $ 37,935     $ 201,740  
           

Gross

   

Gross

         

December 31, 2022

 

Amortized

   

Unrealized

   

Unrealized

   

Estimated

 
   

Cost

   

Gains

   

Losses

   

Fair Value

 
Securities available-for-sale                                

Mortgage backed securities

  $ 107,055     $ -     $ 10,083     $ 96,972  

State, County, Municipals

    134,906       -       30,993       103,913  

Other securities

    500       -       63       437  

Total

  $ 242,461     $ -     $ 41,139     $ 201,322  
Debt Securities, Held-to-Maturity [Table Text Block]
           

Gross

   

Gross

         

March 31, 2023

 

Amortized

   

Unrealized

   

Unrealized

   

Estimated

 
   

Cost

   

Gains

   

Losses

   

Fair Value

 
Securities held-to-maturity                                

Obligations of U.S.

                               

Government agencies

  $ 4,018     $ -     $ 364     $ 3,654  

Mortgage backed securities

    305,356       -       21,219       284,137  

State, County, Municipals

    92,863       -       4,702       88,161  

Total

  $ 402,237     $ -     $ 26,285     $ 375,952  
           

Gross

   

Gross

         

December 31, 2022

 

Amortized

   

Unrealized

   

Unrealized

   

Estimated

 
   

Cost

   

Gains

   

Losses

   

Fair Value

 

Securities held-to-maturity

                               

Obligations of U.S.

                               

Government agencies

  $ 4,002     $ -     $ 367     $ 3,635  

Mortgage backed securities

    309,748       -       24,654       285,094  

State, County, Municipals

    92,840       -       6,277       86,563  

Total

  $ 406,590     $ -     $ 31,298     $ 375,292  
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Table Text Block]
   

March 31, 2023

   

December 31, 2022

 

Aaa

  $ 16,791     $ 18,096  

Aa1 to Aa3

    41,492       40,174  

Not Rated (1)

    34,580       34,570  
    $ 92,863     $ 92,840  
Schedule of Unrealized Loss on Investments [Table Text Block]

March 31, 2023

 

Available-for-sale

 

Less than 12 months

   

12 months or more

   

Total

 
   

Fair

   

Unrealized

   

Fair

   

Unrealized

   

Fair

   

Unrealized

 

Description of Securities

 

Value

   

Losses

   

Value

   

Losses

   

Value

   

Losses

 
                                                 

Mortgage backed securities

  $ 55,492     $ 1,878     $ 36,256     $ 7,070     $ 91,748     $ 8,948  

State, County, Municipal

    16,842       466       87,008       28,464       103,850       28,930  

Other securities

    -       -       443       57       443       57  

Total

  $ 72,334     $ 2,344     $ 123,707     $ 35,591     $ 196,041     $ 37,935  

Held-to-maturity

 

Less than 12 months

   

12 months or more

   

Total

 
   

Fair

   

Unrealized

   

Fair

   

Unrealized

   

Fair

   

Unrealized

 

Description of Securities

 

Value

   

Losses

   

Value

   

Losses

   

Value

   

Losses

 
                                                 

Obligations of U.S. government agencies

  $ -     $ -     $ 3,654     $ 364     $ 3,654     $ 364  

Mortgage backed securities

    -       -       284,137       21,219       284,137       21,219  

State, County, Municipal

    -       -       88,161       4,702       88,161       4,702  

Total

  $ -     $ -     $ 375,952     $ 26,285     $ 375,952     $ 26,285  

December 31, 2022

 

Available-for-sale

 

Less than 12 months

   

12 months or more

   

Total

 
   

Fair

   

Unrealized

   

Fair

   

Unrealized

   

Fair

   

Unrealized

 

Description of Securities

 

Value

   

Losses

   

Value

   

Losses

   

Value

   

Losses

 
                                                 

Mortgage backed securities

  $ 70,652     $ 3,838     $ 26,320     $ 6,245     $ 96,972     $ 10,083  

State, County, Municipal

    45,200       9,027       58,713       21,966       103,913       30,993  

Other securities

    -       -       437       63       437       63  

Total

  $ 115,852     $ 12,865     $ 85,470     $ 28,274     $ 201,322     $ 41,139  

Held-to-maturity

 

Less than 12 months

   

12 months or more

   

Total

 
   

Fair

   

Unrealized

   

Fair

   

Unrealized

   

Fair

   

Unrealized

 

Description of Securities

 

Value

   

Losses

   

Value

   

Losses

   

Value

   

Losses

 
                                                 

Obligations of U.S. government agencies

  $ -     $ -     $ 3,635     $ 367     $ 3,635     $ 367  

Mortgage backed securities

    17,882       1,332       267,212       23,322       285,094       24,654  

State, County, Municipal

    15,059       781       71,504       5,496       86,563       6,277  

Total

  $ 32,941     $ 2,113     $ 342,351     $ 29,185     $ 375,292     $ 31,298  
Investments Classified by Contractual Maturity Date [Table Text Block]
   

Available-for-sale

   

Held-to-maturity

 
   

Amortized

   

Estimated

   

Amortized

   

Estimated

 
   

Cost

   

Fair Value

   

Cost

   

Fair Value

 
                                 

Due in one year or less

  $ 720     $ 663     $ -     $ -  

Due after one year through five years

    3,155       3,076       -       -  

Due after five years through ten years

    5,275       5,008       -       -  

Due after ten years

    126,017       97,457       96,881       91,815  

Residential mortgage backed securities

    91,827       83,144       246,433       229,613  

Commercial mortgage backed securities

    12,651       12,392       58,923       54,524  

Total

  $ 239,645     $ 201,740     $ 402,237     $ 375,952