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Investment Securities (Tables)
9 Months Ended
Sep. 30, 2023
Investments, Debt and Equity Securities [Abstract]  
Debt Securities, Available-For-Sale
The following table is the schedule of Available-For-Sale Securities at September 30, 2023, December 31, 2022 and September 30, 2022:
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
September 30, 2023
Available-For-Sale Securities,
  at Amortized Cost
$190,000 $280 $398,323 $1,000 $589,603 
Gross Unrealized Gains— — — 
Gross Unrealized Losses (13,579)— (56,585)(200)(70,364)
Available-For-Sale Securities,
  at Fair Value
176,421 280 341,739 800 519,240 
Available-For-Sale Securities,
  Pledged as Collateral, at Fair
  Value
390,923 
Maturities of Debt Securities,
  at Amortized Cost:
Within One Year$15,000 $— $586 $— $15,586 
From 1 - 5 Years175,000 — 215,671 — 390,671 
From 5 - 10 Years— 280 182,066 1,000 183,346 
Over 10 Years— — — — — 
Maturities of Debt Securities,
  at Fair Value:
Within One Year$14,736 $— $569 $— $15,305 
From 1 - 5 Years161,685 — 193,699 — 355,384 
From 5 - 10 Years— 280 147,471 800 148,551 
Over 10 Years— — — — — 
Securities in a Continuous
  Loss Position, at Fair Value:
Less than 12 Months$14,914 $— $11,262 $— $26,176 
12 Months or Longer161,506 — 330,190 800 492,496 
Total$176,420 $— $341,452 $800 $518,672 
Number of Securities in a
  Continuous Loss Position
25 — 154 180 
Unrealized Losses on
  Securities in a Continuous
  Loss Position:
Less than 12 Months$86 $— $317 $— $403 
12 Months or Longer13,493 — 56,268 200 69,961 
Total$13,579 $— $56,585 $200 $70,364 
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
Disaggregated Details:
US Agency Obligations,
  at Amortized Cost
$190,000 
US Agency Obligations,
  at Fair Value
176,421 
Local Municipal Obligations,
  at Amortized Cost
$280 
Local Municipal Obligations,
  at Fair Value
280 
US Government Agency
  Securities, at Amortized Cost
$7,416 
US Government Agency
  Securities, at Fair Value
6,885 
Government Sponsored Entity
  Securities, at Amortized Cost
390,907 
Government Sponsored Entity
  Securities, at Fair Value
334,854 
Corporate Trust Preferred Securities, at Amortized Cost$1,000 
Corporate Trust Preferred Securities, at Fair Value800 
December 31, 2022
Available-For-Sale Securities,
  at Amortized Cost
$190,000 $340 $447,755 $1,000 $639,095 
Gross Unrealized Gains15 — 65 — 80 
Gross Unrealized Losses(14,816)— (50,664)(200)(65,680)
Available-For-Sale Securities,
  at Fair Value
175,199 340 397,156 800 573,495 
Available-For-Sale Securities,
  Pledged as Collateral,
  at Fair Value
308,266 
Securities in a Continuous
  Loss Position, at Fair Value:
Less than 12 Months$66,690 $— $183,868 $— $250,558 
12 Months or Longer93,493 — 199,262 800 293,555 
Total$160,183 $— $383,130 $800 $544,113 
Number of Securities in a
  Continuous Loss Position
23 — 150 174 
Unrealized Losses on
  Securities in a Continuous
  Loss Position:
Less than 12 Months$3,310 $— $18,756 $— $22,066 
12 Months or Longer11,506 — 31,908 200 43,614 
Total$14,816 $— $50,664 $200 $65,680 
Disaggregated Details:
US Agency Obligations,
  at Amortized Cost
$190,000 
US Agency Obligations,
  at Fair Value
175,199 
Local Municipal Obligations,
  at Amortized Cost
$340 
Local Municipal Obligations,
  at Fair Value
340 
US Government Agency
  Securities, at Amortized Cost
$7,934 
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
US Government Agency
  Securities, at Fair Value
7,433 
Government Sponsored Entity
  Securities, at Amortized Cost
439,821 
Government Sponsored Entity
  Securities, at Fair Value
389,723 
Corporate Trust Preferred Securities, at Amortized Cost$1,000 
Corporate Trust Preferred Securities, at Fair Value800 
September 30, 2022
Available-For-Sale Securities,
  at Amortized Cost
$180,000 $340 $465,485 $1,000 $646,825 
Gross Unrealized Gains— — — 
Gross Unrealized Losses(16,035)— (55,539)(200)(71,774)
Available-For-Sale Securities,
  at Fair Value
163,965 340 409,949 800 575,054 
Available-For-Sale Securities,
  Pledged as Collateral, at Fair
  Value
414,929 
Securities in a Continuous
  Loss Position, at Fair Value:
Less than 12 Months$71,419 $— $274,491 $— $345,910 
12 Months or Longer92,545 — 135,329 800 228,674 
Total$163,964 $— $409,820 $800 $574,584 
Number of Securities in a
  Continuous Loss Position
24 — 156 181 
Unrealized Losses on Securities
  in a Continuous Loss Position:
Less than 12 Months$3,581 $— $30,521 $— $34,102 
12 Months or Longer12,454 — 25,018 200 37,672 
Total$16,035 $— $55,539 $200 $71,774 
Disaggregated Details:
US Agency Obligations,
  at Amortized Cost
$180,000 
US Agency Obligations,
  at Fair Value
163,965 
Local Municipal Obligations,
  at Amortized Cost
$340 
Local Municipal Obligations,
  at Fair Value
340 
US Government Agency
  Securities, at Amortized Cost
$8,243 
US Government Agency
  Securities, at Fair Value
7,842 
Government Sponsored Entity
  Securities, at Amortized Cost
457,242 
Government Sponsored Entity
  Securities, at Fair Value
402,107 
Corporate Trust Preferred Securities, at Amortized Cost$1,000 
Corporate Trust Preferred Securities, at Fair Value800 
Held-To-Maturity Securities
The following table is the schedule of Held-To-Maturity Securities at September 30, 2023, December 31, 2022 and September 30, 2022:
Held-To-Maturity Securities
State and
Municipal
Obligations
Mortgage-
Backed
Securities
Total
Held-To
Maturity
Securities
September 30, 2023
Held-To-Maturity Securities,
  at Amortized Cost
$131,017 $9,560 $140,577 
Gross Unrealized Gains— — — 
Gross Unrealized Losses(5,204)(562)(5,766)
Held-To-Maturity Securities,
  at Fair Value
125,813 8,998 134,811 
Held-To-Maturity Securities,
  Pledged as Collateral, at Carrying Value
117,723 
Held-To-Maturity Securities,
  Pledged as Collateral, at Fair Value
111,957 
Maturities of Debt Securities,
  at Amortized Cost:
Within One Year$56,686 $— $56,686 
From 1 - 5 Years71,994 9,560 81,554 
From 5 - 10 Years2,308 — 2,308 
Over 10 Years29 — 29 
Maturities of Debt Securities,
  at Fair Value:
Within One Year$55,883 $— $55,883 
From 1 - 5 Years67,716 8,998 76,714 
From 5 - 10 Years2,185 — 2,185 
Over 10 Years29 — 29 
Securities in a Continuous
  Loss Position, at Fair Value:
Less than 12 Months$1,575 $— $1,575 
12 Months or Longer108,092 8,998 117,090 
Total$109,667 $8,998 $118,665 
Number of Securities in a
  Continuous Loss Position
339 16 355 
Unrealized Losses on Securities
   in a Continuous Loss Position:
Less than 12 Months$86 $— $86 
12 Months or Longer5,118 562 5,680 
Total$5,204 $562 $5,766 
Disaggregated Details:
Municipal Obligations, at Amortized Cost$131,017 
Municipal Obligations, at Fair Value125,813 
US Government Agency
  Securities, at Amortized Cost
$3,292 
US Government Agency
  Securities, at Fair Value
3,075 
Held-To-Maturity Securities
State and
Municipal
Obligations
Mortgage-
Backed
Securities
Total
Held-To
Maturity
Securities
Government Sponsored Entity
  Securities, at Amortized Cost
6,268 
Government Sponsored Entity
  Securities, at Fair Value
5,923 
December 31, 2022
Held-To-Maturity Securities,
  at Amortized Cost
$163,600 $11,764 $175,364 
Gross Unrealized Gains— 
Gross Unrealized Losses(3,131)(611)(3,742)
Held-To-Maturity Securities,
  at Fair Value
160,470 11,153 171,623 
Held-To-Maturity Securities,
  Pledged as Collateral, at Carrying Value
146,722 
Held-To-Maturity Securities,
  Pledged as Collateral, at Fair Value
142,982 
Securities in a Continuous
  Loss Position, at Fair Value:
Less than 12 Months$137,773 $11,153 $148,926 
12 Months or Longer— — — 
Total$137,773 $11,153 $148,926 
Number of Securities in a
  Continuous Loss Position
397 16 413 
Unrealized Losses on
  Securities in a Continuous
  Loss Position:
Less than 12 Months$3,131 $611 $3,742 
12 Months or Longer— — — 
Total$3,131 $611 $3,742 
Disaggregated Details:
Municipal Obligations, at Amortized Cost$163,600 
Held-To-Maturity Securities
State and
Municipal
Obligations
Mortgage-
Backed
Securities
Total
Held-To
Maturity
Securities
Municipal Obligations, at Fair Value160,470 
US Government Agency
  Securities, at Amortized Cost
$3,898 
US Government Agency
  Securities, at Fair Value
3,687 
Government Sponsored Entity
  Securities, at Amortized Cost
7,866 
Government Sponsored Entity
  Securities, at Fair Value
7,466 
September 30, 2022
Held-To-Maturity Securities,
  at Amortized Cost
$169,619 $12,559 $182,178 
Gross Unrealized Gains— 
Gross Unrealized Losses(5,771)(608)(6,379)
Held-To-Maturity Securities,
  at Fair Value
163,849 11,951 175,800 
Held-To-Maturity Securities,
  Pledged as Collateral, at Carrying Value
159,742 
Held-To-Maturity Securities,
  Pledged as Collateral, at Fair Value
153,364 
Securities in a Continuous
  Loss Position, at Fair Value:
Less than 12 Months$141,132 $11,951 $153,083 
12 Months or Longer— — — 
Total$141,132 $11,951 $153,083 
Number of Securities in a
  Continuous Loss Position
419 16 435 
Unrealized Losses on
  Securities in a Continuous
  Loss Position:
Less than 12 Months$5,771 $608 $6,379 
12 Months or Longer— — — 
Total$5,771 $608 $6,379 
September 30, 2022
Disaggregated Details:
Municipal Obligations, at Amortized Cost$169,619 
Municipal Obligations, at Fair Value163,849 
US Government Agency
  Securities, at Amortized Cost
$4,115 
US Government Agency
  Securities, at Fair Value
3,924 
Government Sponsored Entity
  Securities, at Amortized Cost
8,444 
Government Sponsored Entity
  Securities, at Fair Value
8,027 
Debt Securities, Trading, and Equity Securities, FV-NI
The following table is the schedule of Equity Securities at September 30, 2023, December 31, 2022 and September 30, 2022:
Equity Securities
September 30, 2023December 31, 2022September 30, 2022
Equity Securities, at Fair Value$1,960$2,174$2,126
Unrealized Gain (Loss) on Investments
The following is a summary of realized and unrealized gains and losses recognized in net income on equity securities during the three and nine month periods ended September 30, 2023 and 2022:
For the Three Months Ended September 30,For the Nine Months Ended September 30,
2023202220232022
Net (Loss) Gain on Equity Securities$71 $95 $(214)$379 
Less: Net gain recognized during the reporting period on equity securities sold during the period— — — — 
Unrealized net (loss) gain recognized during the reporting period on equity securities still held at the reporting date$71 $95 $(214)$379