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Note 7 - Investment and Equity Securities (Tables)
3 Months Ended
Mar. 31, 2023
Notes Tables  
Schedule of Available-for-Sale Securities Reconciliation [Table Text Block]
  

March 31, 2023

 
      

Gross

  

Gross

     
  

Amortized

  

Unrealized

  

Unrealized

  

Fair

 

(Dollar amounts in thousands)

 

Cost

  

Gains

  

Losses

  

Value

 
                 

Subordinated debt

 $34,300  $8  $(1,795) $32,513 

Obligations of states and political subdivisions:

                

Taxable

  500   -   -   500 

Tax-exempt

  151,204   82   (22,027)  129,259 

Mortgage-backed securities in government-sponsored entities

  7,973   1   (641)  7,333 

Total

 $193,977  $91  $(24,463) $169,605 
  

December 31, 2022

 
      

Gross

  

Gross

     
  

Amortized

  

Unrealized

  

Unrealized

  

Fair

 

(Dollar amounts in thousands)

 

Cost

  

Gains

  

Losses

  

Value

 
                 

Subordinated debt

 $32,300  $3  $(2,139) $30,164 

Obligations of states and political subdivisions:

                

Taxable

  500   -   -   500 

Tax-exempt

  151,896   49   (25,111)  126,834 

Mortgage-backed securities in government-sponsored entities

  8,302   -   (833)  7,469 

Total

 $192,998  $52  $(28,083) $164,967 
Investments Classified by Contractual Maturity Date [Table Text Block]
  

Amortized

  

Fair

 

(Dollar amounts in thousands)

 

Cost

  

Value

 
         

Due in one year or less

 $570  $570 

Due after one year through five years

  2,935   2,870 

Due after five years through ten years

  47,291   45,336 

Due after ten years

  143,181   120,829 

Total

 $193,977  $169,605 
Schedule of Unrealized Loss on Investments [Table Text Block]
  

March 31, 2023

 
  

Less than Twelve Months

  

Twelve Months or Greater

  

Total

 
      

Gross

      

Gross

      

Gross

 
  

Fair

  

Unrealized

  

Fair

  

Unrealized

  

Fair

  

Unrealized

 

(Dollar amounts in thousands)

 

Value

  

Losses

  

Value

  

Losses

  

Value

  

Losses

 
                         

Subordinated debt

 $13,082  $(418) $17,923  $(1,377) $31,005  $(1,795)

Obligations of states and political subdivisions:

                        

Tax-exempt

  22,396   (962)  89,741   (21,065)  112,137   (22,027)

Mortgage-backed securities in government-sponsored entities

  609   (13)  6,463   (628)  7,072   (641)

Total

 $36,087  $(1,393) $114,127  $(23,070) $150,214  $(24,463)
  

December 31, 2022

 
  

Less than Twelve Months

  

Twelve Months or Greater

  

Total

 
      

Gross

      

Gross

      

Gross

 
  

Fair

  

Unrealized

  

Fair

  

Unrealized

  

Fair

  

Unrealized

 

(Dollar amounts in thousands)

 

Value

  

Losses

  

Value

  

Losses

  

Value

  

Losses

 
                         

Subordinated debt

 $12,638  $(1,129) $8,790  $(1,010) $21,428  $(2,139)

Obligations of states and political subdivisions:

                        

Tax-exempt

  75,343   (10,488)  41,138   (14,623)  116,481   (25,111)

Mortgage-backed securities in government-sponsored entities

  6,153   (480)  1,316   (353)  7,469   (833)

Total

 $94,134  $(12,097) $51,244  $(15,986) $145,378  $(28,083)