XML 32 R23.htm IDEA: XBRL DOCUMENT v3.23.2
Note 3 - Investment Securities (Tables)
6 Months Ended
Jun. 30, 2023
Notes Tables  
Marketable Securities [Table Text Block]
  

June 30, 2023

  

December 31, 2022

 
      

Gross

          

Gross

     
  

Amortized

  

Unrealized

  

Fair

  

Amortized

  

Unrealized

  

Fair

 
  

Cost

  

Gains

  

(Losses)

  

Value

  

Cost

  

Gains

  

(Losses)

  

Value

 
  

(In Thousands)

 

Available-for-Sale:

                                

U.S. government and agency obligations

 $7,416  $163  $(205) $7,374  $2,575  $2  $(187) $2,390 

U.S. Treasury obligations

  52,462   -   (6,404)  46,058   58,715   -   (6,764)  51,951 

Municipal obligations

  152,990   67   (13,865)  139,192   190,811   77   (18,039)  172,849 

Corporate obligations

  4,242   -   (411)  3,831   7,240   1   (251)  6,990 

Mortgage-backed securities

  30,739   -   (1,952)  28,787   31,553   -   (1,900)  29,653 

Collateralized mortgage obligations

  97,648   -   (9,536)  88,112   90,812   -   (8,681)  82,131 

Asset-backed securities

  12,672   43   (105)  12,610   3,569   -   (38)  3,531 

Total

 $358,169  $273  $(32,478) $325,964  $385,275  $80  $(35,860) $349,495 
Schedule of Realized Gain (Loss) [Table Text Block]
  

Three Months Ended

  

Six Months Ended

 
  

June 30,

  

June 30,

 
  

2023

  

2022

  

2023

  

2022

 
  

(In Thousands)

         

Proceeds from sale of available-for-sale securities

 $11,247  $43,794  $34,020  $43,794 
                 

Gross realized gain on sale of available-for-sale securities

 $49  $-  $69  $- 

Gross realized loss on sale of available-for-sale securities

  (47)  (6)  (291)  (6)

Net realized gain (loss) on sale of available-for-sale securities

 $2  $(6) $(222) $(6)
Investments Classified by Contractual Maturity Date [Table Text Block]
  

June 30, 2023

 
  

Amortized

  

Fair

 
  

Cost

  

Value

 
  

(In Thousands)

 

Due in one year or less

 $4,354  $4,344 

Due from one to five years

  28,757   26,662 

Due from five to ten years

  76,238   66,909 

Due after ten years

  120,433   111,150 
   229,782   209,065 

Mortgage-backed securities

  30,739   28,787 

Collateralized mortgage obligations

  97,648   88,112 

Total

 $358,169  $325,964 
Schedule of Unrealized Loss on Investments [Table Text Block]
  

June 30, 2023

 
  

Less Than 12 Months

  

12 Months or Longer

 
      

Gross

      

Gross

 
  

Fair

  

Unrealized

  

Fair

  

Unrealized

 
  

Value

  

Losses

  

Value

  

Losses

 
  

(In Thousands)

 

U.S. government and agency obligations

 $798  $(92) $946  $(113)

U.S. Treasury obligations

  -   -   46,058   (6,404)

Municipal obligations

  39,143   (848)  86,487   (13,017)

Corporate obligations

  1,118   (132)  2,713   (279)

Mortgage-backed securities and collateralized mortgage obligations

  23,173   (951)  93,725   (10,537)

Asset-backed securities

  9,404   (105)  -   - 

Total

 $73,636  $(2,128) $229,929  $(30,350)
  

December 31, 2022

 
  

Less Than 12 Months

  

12 Months or Longer

 
      

Gross

      

Gross

 
  

Fair

  

Unrealized

  

Fair

  

Unrealized

 
  

Value

  

Losses

  

Value

  

Losses

 
  

(In Thousands)

 

U.S. government and agency obligations

 $1,773  $(187) $-  $- 

U.S. Treasury obligations

  10,969   (196)  40,982   (6,568)

Municipal obligations

  128,036   (8,781)  33,092   (9,258)

Corporate obligations

  4,994   (246)  995   (5)

Mortgage-backed securities and collateralized mortgage obligations

  67,310   (3,647)  44,444   (6,934)

Asset-backed securities

  3,531   (38)  -   - 

Total

 $216,613  $(13,095) $119,513  $(22,765)