Investment Securities (Tables)

12 Months Ended

Dec. 31, 2021

Investments, Debt and Equity Securities [Abstract]

The following table is the schedule of Available-For-Sale Securities at December 31, 2021 and 2020:


Available-For-Sale Securities
	U.S. Government & Agency Obligations		State and Municipal Obligations		Mortgage- Backed Securities		Corporate and Other Debt Securities		Total Available- For-Sale Securities
December 31, 2021
Available-For-Sale Securities, at Amortized Cost	$	110,000	$	400	$	448,742	$	1,000	$	560,142
Gross Unrealized Gains	63		—		3,617		—		3,680
Gross Unrealized Losses	(1,698)		—		(2,608)		(200)		(4,506)
Available-For-Sale Securities, at Fair Value	$	108,365	$	400	$	449,751	$	800	$	559,316
Available-For-Sale Securities, Pledged as Collateral, at Fair Value									298,106

Maturities of Debt Securities, at Amortized Cost:
Within One Year	5,000		—		104		—		5,104
From 1 - 5 Years	105,000		40		370,134		—		475,174
From 5 - 10 Years	—		360		78,504		1,000		79,864
Over 10 Years	—		—		—		—		—

Maturities of Debt Securities, at Fair Value:
Within One Year	5,064		—		108		—		5,172
From 1 - 5 Years	103,301		40		371,569		—		474,910
From 5 - 10 Years	—		360		78,074		800		79,234
Over 10 Years	—		—		—		—		—

Securities in a Continuous Loss Position, at Fair Value:
Less than 12 Months	$	74,088	$	—	$	263,292	$	—	$	337,380
12 Months or Longer	29,214		—		—		800		30,014
Total	$	103,302	$	—	$	263,292	$	800	$	367,394
Number of Securities in a Continuous Loss Position	14		—		39		1		54

Unrealized Losses on Securities in a Continuous Loss Position:
Less than 12 Months	$	912	$	—	$	2,608	$	—	$	3,520
12 Months or Longer	786		—		—		200		986
Total	$	1,698	$	—	$	2,608	$	200	$	4,506

Disaggregated Details:


US Agency Obligations, at Amortized Cost	110,000
US Agency Obligations, at Fair Value	108,365
US Government Agency Securities, at Amortized Cost					$	9,386
US Government Agency Securities, at Fair Value					9,371
Government Sponsored Entity Securities, at Amortized Cost					439,356
Government Sponsored Entity Securities, at Fair Value					440,380


Available-For-Sale Securities
	U.S. Government & Agency Obligations		State and Municipal Obligations		Mortgage- Backed Securities		Corporate and Other Debt Securities		Total Available- For-Sale Securities
December 31, 2020
Available-For-Sale Securities, at Amortized Cost	$	65,002	$	528	$	290,967	$	1,000	$	357,497
Gross Unrealized Gains	184		—		7,934		—		8,118
Gross Unrealized Losses	(74)		—		(54)		(200)		(328)
Available-For-Sale Securities, at Fair Value	$	65,112	$	528	$	298,847	$	800	$	365,287
Available-For-Sale Securities, Pledged as Collateral, at Fair Value									244,411

Securities in a Continuous Loss Position, at Fair Value:
Less than 12 Months	$	29,926	$	—	$	—	$	—	$	29,926
12 Months or Longer	—		—		4,882		800		5,682
Total	$	29,926	$	—	$	4,882	$	800	$	35,608
Number of Securities in a Continuous Loss Position	4		—		1		1		6

Unrealized Losses on Securities in a Continuous Loss Position:
Less than 12 Months	$	74	$	—	$	—	$	—	$	74
12 Months or Longer	—		—		54		200		254
Total	$	74	$	—	$	54	$	200	$	328

Disaggregated Details:


US Agency Obligations, at Amortized Cost	$	65,002
US Agency Obligations, at Fair Value	65,112
US Government Agency Securities, at Amortized Cost					$	12,696
US Government Agency Securities, at Fair Value					12,683
Government Sponsored Entity Securities, at Amortized Cost					278,271
Government Sponsored Entity Securities, at Fair Value					286,164

At December 31, 2021, there was no allowance for credit losses for the available for sale securities portfolio.

Held-to-maturity Securities

The following table is the schedule of Held-To-Maturity Securities at December 31, 2021 and 2020:


Held-To-Maturity Securities
	State and Municipal Obligations		Mortgage- Backed Securities		Total Held-To Maturity Securities
December 31, 2021
Held-To-Maturity Securities, at Amortized Cost	$	180,195	$	16,371	$	196,566
Gross Unrealized Gains	4,179		547		4,726
Gross Unrealized Losses	—		—		—
Held-To-Maturity Securities, at Fair Value	$	184,374	$	16,918	$	201,292
Held-To-Maturity Securities, Pledged as Collateral, at Fair Value					175,218

Maturities of Debt Securities, at Amortized Cost:
Within One Year	29,600		462		30,062
From 1 - 5 Years	138,210		15,909		154,119
From 5 - 10 Years	12,239		—		12,239
Over 10 Years	146		—		146

Maturities of Debt Securities, at Fair Value:
Within One Year	29,766		468		30,234
From 1 - 5 Years	141,753		16,450		158,203
From 5 - 10 Years	12,704		—		12,704
Over 10 Years	151		—		151

Securities in a Continuous Loss Position, at Fair Value:
Less than 12 Months	$	—	$	—	$	—
12 Months or Longer	—		—		—
Total	$	—	$	—	$	—
Number of Securities in a Continuous Loss Position	—		—		—

Unrealized Losses on Securities in a Continuous Loss Position:
Less than 12 Months	$	—	$	—	$	—
12 Months or Longer	—		—		—
Total	$	—	$	—	$	—

Disaggregated Details:
US Government Agency Securities, at Amortized Cost			5,518
US Government Agency Securities, at Fair Value			5,647
Government Sponsored Entity Securities, at Amortized Cost			10,853
Government Sponsored Entity Securities, at Fair Value			11,271


Held-To-Maturity Securities
	State and Municipal Obligations		Mortgage- Backed Securities		Total Held-To Maturity Securities


December 31, 2020
Held-To-Maturity Securities, at Amortized Cost	$	192,352	$	26,053	$	218,405
Gross Unrealized Gains	7,080		1,094		8,174
Gross Unrealized Losses	(3)		—		(3)
Held-To-Maturity Securities, at Fair Value	$	199,429	$	27,147	$	226,576
Held-To-Maturity Securities, Pledged as Collateral, at Fair Value					211,176

Securities in a Continuous Loss Position, at Fair Value:
Less than 12 Months	$	1,513	$	—	$	1,513
12 Months or Longer	—		—		—
Total	$	1,513	$	—	$	1,513
Number of Securities in a Continuous Loss Position	4		—		4

Unrealized Losses on Securities in a Continuous Loss Position:
Less than 12 Months	$	3	$	—	$	3
12 Months or Longer	—		—		—
Total	$	3	$	—	$	3

Disaggregated Details:
US Government Agency Securities, at Amortized Cost			9,440
US Government Agency Securities, at Fair Value			9,762
Government Sponsored Entity Securities, at Amortized Cost			16,613
Government Sponsored Entity Securities, at Fair Value			17,385

Debt Securities, Trading, and Equity Securities, FV-NI

The following table is the schedule of Equity Securities at December 31, 2021 and 2020.


Equity Securities

	December 31,
	2021		2020

Equity Securities, at Fair Value	$	1,747	$	1,636

Gain (Loss) on Securities

The following is a summary of realized and unrealized gains and losses recognized in net income on equity securities during the years ended December 31, 2021 and 2020 :


	December 31,
	2021		2020
Net Gain (Loss) on Equity Securities	$	111	$	(427)
Less: Net Gain (Loss) recognized during the reporting period on equity securities sold during the period	—		—
Unrealized Net Gain (Loss) recognized during the reporting period on equity securities still held at the reporting date	$	111	$	(427)

Schedule of Federal Home Loan Bank, Advances, by Branch of FHLB Bank

Schedule of Federal Reserve Bank and Federal Home Loan Bank Stock (at cost)


	December 31,
	2021		2020
Federal Reserve Bank Stock	$	1,161	$	1,150
Federal Home Loan Bank Stock	4,219		4,199
Total Federal Reserve Bank and Federal Home Loan Bank Stock	$	5,380	$	5,349