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Note 3 - Investment Securities Available for Sale (Tables)
3 Months Ended
Mar. 31, 2023
Notes Tables  
Schedule of Available-for-Sale Securities Reconciliation [Table Text Block]

Available-for-Sale

 

March 31, 2023

 
      

Gross

  

Gross

     
  

Amortized

  

Unrealized

  

Unrealized

  

Fair

 
  

Cost

  

Gains

  

Losses

  

Value

 

Debt securities:

                

U.S. Treasury securities

 $9,957  $-  $(187) $9,770 

U.S. Government-sponsored agencies collateralized by mortgage obligations - residential

  257,668   432   (21,375)  236,725 

U.S. Government-agencies collateralized by mortgage obligations - commercial

  122,003   618   (11,960)  110,661 

Obligations of states and political subdivisions

  141,328   635   (14,703)  127,260 
  $530,956  $1,685  $(48,225) $484,416 

Available-for-Sale

 

December 31, 2022

 
      

Gross

  

Gross

     
  

Amortized

  

Unrealized

  

Unrealized

  

Fair

 
  

Cost

  

Gains

  

Losses

  

Value

 

Debt securities:

                

U.S. Treasury securities

 $9,950  $-  $(243) $9,707 

U.S. Government-sponsored agencies collateralized by mortgage obligations - residential

  238,253   214   (24,059)  214,408 

U.S. Government-agencies collateralized by mortgage obligations - commercial

  112,142   143   (12,704)  99,581 

Obligations of states and political subdivisions

  138,541   243   (17,777)  121,007 
  $498,886  $600  $(54,783) $444,703 
Schedule of Unrealized Loss on Investments [Table Text Block]

March 31, 2023

 

Less than 12 Months

  

12 Months or More

  

Total

 
  

Fair

  

Unrealized

  

Fair

  

Unrealized

  

Fair

  

Unrealized

 
  

Value

  

Losses

  

Value

  

Losses

  

Value

  

Losses

 

Debt securities:

                        

U.S. Treasury securities

 $9,770  $187  $-  $-  $9,770  $187 

U.S. Government-sponsored agencies collateralized by mortgage obligations - residential

  78,713   2,504   115,974   18,871   194,687   21,375 

U.S. Government-agencies collateralized by mortgage obligations - commercial

  35,350   1,172   49,192   10,788   84,542   11,960 

Obligations of states and political subdivisions

  34,431   645   62,053   14,058   96,484   14,703 
  $158,264  $4,508  $227,219  $43,717  $385,483  $48,225 

December 31, 2022

 

Less than 12 Months

  

12 Months or More

  

Total

 
  

Fair

  

Unrealized

  

Fair

  

Unrealized

  

Fair

  

Unrealized

 
  

Value

  

Losses

  

Value

  

Losses

  

Value

  

Losses

 

Debt securities:

                        

U.S. Treasury securities

 $9,707  $243  $-  $-  $9,707  $243 

U.S. Government-sponsored agencies collateralized by mortgage obligations - residential

  140,117   12,070   54,017   11,989   194,134   24,059 

U.S. Government-agencies collateralized by mortgage obligations - commercial

  42,799   2,845   42,363   9,859   85,162   12,704 

Obligations of states and political subdivisions

  89,092   11,421   16,768   6,356   105,860   17,777 
  $281,715  $26,579  $113,148  $28,204  $394,863  $54,783 
Investments Classified by Contractual Maturity Date [Table Text Block]
  

Amortized Cost

  

Estimated Fair Value

 

Within one year

 $3,930  $3,886 

After one year through five years

  13,675   13,521 

After five years through ten years

  11,063   10,918 

After ten years

  122,617   108,705 

Investment securities not due at a single maturity date:

        

Government- agencies commercial mortgage-backed securities

  122,003   110,661 

Government-sponsored agencies residential mortgage-backed securities

  257,668   236,725 
  $530,956  $484,416