XML 47 R36.htm IDEA: XBRL DOCUMENT v3.25.2
Note 2 - Investment Securities (Tables)
6 Months Ended
Jun. 30, 2025
Notes Tables  
Schedule of Available-for-Sale Securities Reconciliation [Table Text Block]

(in thousands)

 

Amortized

   

Unrealized

   

Fair

 
June 30, 2025   cost    

Gains

   

Losses

    value  
                                 

U.S. Treasury and other U.S. Government obligations

  $ 248,012     $ -     $ (8 )   $ 248,004  

Government sponsored enterprise obligations

    82,169       119       (3,240 )     79,048  

Mortgage backed securities

    655,139       29       (82,977 )     572,191  

Obligations of states and political subdivisions

    125,223       3       (12,172 )     113,054  

Other

    1,623       -       (58 )     1,565  

Total available for sale debt securities

  $ 1,112,166     $ 151     $ (98,455 )   $ 1,013,862  
                                 

December 31, 2024

                               
                                 

U.S. Treasury and other U.S. Government obligations

  $ 198,182     $ 33     $ -     $ 198,215  

Government sponsored enterprise obligations

    88,895       110       (4,847 )     84,158  

Mortgage backed securities

    696,767       -       (105,790 )     590,977  

Obligations of states and political subdivisions

    128,431       1       (14,198 )     114,234  

Other

    2,686       -       (156 )     2,530  

Total available for sale debt securities

  $ 1,114,961     $ 144     $ (124,991 )   $ 990,114  
Debt Securities, Held-to-Maturity [Table Text Block]

(in thousands)

 

Carrying

   

Unrecognized

   

Fair

 
June 30, 2025   value    

Gains

   

Losses

    value  
                                 

U.S. Treasury and other U.S. Government obligations

  $ 1,985     $ -     $ (40 )   $ 1,945  

Government sponsored enterprise obligations

    23,380       -       (1,303 )     22,077  

Mortgage backed securities

    182,615       3       (19,369 )     163,249  

Total held to maturity debt securities

  $ 207,980     $ 3     $ (20,712 )   $ 187,271  
                                 

December 31, 2024

                               

U.S. Treasury and other U.S. Government obligations

  $ 153,850     $ -     $ (741 )   $ 153,109  

Government sponsored enterprise obligations

    25,395       -       (2,034 )     23,361  

Mortgage backed securities

    190,926       2       (26,041 )     164,887  

Total held to maturity debt securities

  $ 370,171     $ 2     $ (28,816 )   $ 341,357  
Investments Classified by Contractual Maturity Date [Table Text Block]
   

AFS Debt Securities

   

HTM Debt Securities

 

(in thousands)

 

Amortized cost

   

Fair value

   

Carrying value

   

Fair value

 
                                 

Due within one year

  $ 257,665     $ 257,556     $ 24,863     $ 23,530  

Due after one year but within five years

    33,170       31,969       -       -  

Due after five years but within 10 years

    92,360       82,127       -       -  

Due after 10 years

    73,832       70,019       502       492  

Mortgage backed securities

    655,139       572,191       182,615       163,249  

Total

  $ 1,112,166     $ 1,013,862     $ 207,980     $ 187,271  
Schedule of Unrealized Losses on Securities [Table Text Block]
   

AFS Debt Securities

 
   

Less than 12 months

   

12 months or more

   

Total

 

(in thousands)

 

Fair

   

Unrealized

   

Fair

   

Unrealized

   

Fair

   

Unrealized

 

June 30, 2025

 

value

   

losses

   

value

   

losses

   

value

   

losses

 
                                                 

U.S. Treasury and other U.S. Government obligations

  $ 248,004     $ (8 )   $ -     $ -     $ 248,004     $ (8 )

Government sponsored enterprise obligations

    5,606       (26 )     69,341       (3,214 )     74,947       (3,240 )

Mortgage-backed securities

    15,277       (134 )     550,235       (82,843 )     565,512       (82,977 )

Obligations of states and political subdivisions

    4,683       (53 )     97,939       (12,119 )     102,622       (12,172 )

Other

    -       -       1,565       (58 )     1,565       (58 )

Total AFS debt securities

  $ 273,570     $ (221 )   $ 719,080     $ (98,234 )   $ 992,650     $ (98,455 )
                                                 

December 31, 2024

                                               
                                                 

Government sponsored enterprise obligations

  $ 5,801     $ (49 )   $ 74,478     $ (4,798 )   $ 80,279     $ (4,847 )

Mortgage-backed securities

    23,159       (579 )     567,818       (105,211 )     590,977       (105,790 )

Obligations of states and political subdivisions

    9,181       (164 )     101,407       (14,034 )     110,588       (14,198 )

Other

    -       -       2,530       (156 )     2,530       (156 )

Total AFS debt securities

  $ 38,141     $ (792 )   $ 746,233     $ (124,199 )   $ 784,374     $ (124,991 )
   

HTM Debt Securities

 
   

Less than 12 months

   

12 months or more

   

Total

 

(in thousands)

 

Fair

   

Unrecognized

   

Fair

   

Unrecognized

   

Fair

   

Unrecognized

 

June 30, 2025

 

value

   

losses

   

value

   

losses

   

value

   

losses

 
                                                 

U.S. Treasury and other U.S. Government obligations

  $ -     $ -     $ 1,946     $ (40 )   $ 1,946     $ (40 )

Government sponsored enterprise obligations

    339       (4 )     21,729       (1,299 )     22,068       (1,303 )

Mortgage-backed securities

    12       -       162,779       (19,369 )     162,791       (19,369 )

Total HTM debt securities

  $ 351     $ (4 )   $ 186,454     $ (20,708 )   $ 186,805     $ (20,712 )
                                                 

December 31, 2024

                                               
                                                 

U.S. Treasury and other U.S. Government obligations

  $ -     $ -     $ 153,109     $ (741 )   $ 153,109     $ (741 )

Government sponsored enterprise obligations

    396       (6 )     22,965       (2,028 )     23,361       (2,034 )

Mortgage-backed securities

    -       -       164,724       (26,041 )     164,724       (26,041 )

Total HTM debt securities

  $ 396     $ (6 )   $ 340,798     $ (28,810 )   $ 341,194     $ (28,816 )