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Note 3 - Investment Securities (Tables)
6 Months Ended
Jun. 30, 2024
Notes Tables  
Debt Securities, Available-for-Sale [Table Text Block]
                  

Allowance

 
                  

for

 
      

Gross

  

Gross

      

Investment

 
  

Amortized

  

Unrealized

  

Unrealized

  

Fair

  

Credit

 
  

Cost

  

Gains

  

Losses

  

Value

  

Losses

 
  

(dollars in thousands)

 

June 30, 2024

                    

Investment securities available-for-sale:

                    

Federal agency obligations

 $93,088  $205  $(11,918) $81,375  $- 

Residential mortgage pass-through securities

  446,631   148   (60,787)  385,992   - 

Commercial mortgage pass-through securities

  25,115   -   (3,697)  21,418   - 

Obligations of U.S. states and political subdivisions

  145,574   73   (19,977)  125,670   - 

Corporate bonds and notes

  5,000   -   (22)  4,978   - 

Asset-backed securities

  1,012   -   (12)  1,000   - 

Other securities

  146   -   -   146   - 

Total investment securities available-for-sale

 $716,566  $426  $(96,413) $620,579  $- 
                     

December 31, 2023

                    

Investment securities available-for-sale:

                    

Federal agency obligations

 $55,898  $189  $(10,761) $45,326  $- 

Residential mortgage pass-through securities

  462,004   620   (51,433)  411,191   - 

Commercial mortgage pass-through securities

  25,240   -   (3,676)  21,564   - 

Obligations of U.S. states and political subdivisions

  148,795   415   (16,505)  132,705   - 

Corporate bonds and notes

  5,000   -   (27)  4,973   - 

Asset-backed securities

  1,260   -   (22)  1,238   - 

Other securities

  165   -   -   165   - 

Total investment securities available-for-sale

 $698,362  $1,224  $(82,424) $617,162  $- 
Investments Classified by Contractual Maturity Date [Table Text Block]
  

June 30, 2024

 
  

Amortized

  

Fair

 
  

Cost

  

Value

 
  

(dollars in thousands)

 

Investment securities available-for-sale:

        

Due in one year or less

 $2,284  $2,279 

Due after one year through five years

  6,300   6,248 

Due after five years through ten years

  2,223   2,161 

Due after ten years

  233,867   202,335 

Residential mortgage pass-through securities

  446,631   385,992 

Commercial mortgage pass-through securities

  25,115   21,418 

Other securities

  146   146 

Total investment securities available-for-sale

 $716,566  $620,579 
Unrealized Gain (Loss) on Investments [Table Text Block]
  

June 30, 2024

 
  

Total

  

Less than 12 Months

  

12 Months or Longer

 
  

Fair

  

Unrealized

  

Fair

  

Unrealized

  

Fair

  

Unrealized

 
  

Value

  

Losses

  

Value

  

Losses

  

Value

  

Losses

 
  

(dollars in thousands)

 

Investment securities available-for-sale:

                        

Federal agency obligations

 $57,109  $(11,918) $19,579  $(129) $37,530  $(11,789)

Residential mortgage pass-through securities

  373,145   (60,787)  15,527   (92)  357,618   (60,695)

Commercial mortgage pass-through securities

  21,419   (3,697)  -   -   21,419   (3,697)

Obligations of U.S. states and political subdivisions

  114,985   (19,977)  20,002   (558)  94,983   (19,419)

Corporate bonds and notes

  4,978   (22)  2,984   (16)  1,994   (6)

Asset-backed securities

  1,001   (12)  -   -   1,001   (12)

Total temporarily impaired securities

 $572,637  $(96,413) $58,092  $(795) $514,545  $(95,618)
  

December 31, 2023

 
  

Total

  

Less than 12 Months

  

12 Months or Longer

 
  

Fair

  

Unrealized

  

Fair

  

Unrealized

  

Fair

  

Unrealized

 
  

Value

  

Losses

  

Value

  

Losses

  

Value

  

Losses

 
  

(dollars in thousands)

 

Investment securities available-for-sale:

                        

Federal agency obligations

 $40,779  $(10,761) $1,689  $(65) $39,090  $(10,696)

Residential mortgage pass-through securities

  382,042   (51,433)  4,138   (51)  377,904   (51,382)

Commercial mortgage pass-through securities

  21,565   (3,676)  -   -   21,565   (3,676)

Obligations of U.S. states and political subdivisions

  101,189   (16,505)  1,340   (7)  99,849   (16,498)

Corporate bonds and notes

  4,973   (27)  2,993   (7)  1,980   (20)

Asset-backed securities

  1,238   (22)  -   -   1,238   (22)

Total temporarily impaired securities

 $551,786  $(82,424) $10,160  $(130) $541,626  $(82,294)