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Securities (Tables)
 9 Months Ended
Sep. 30, 2023
Securities [Abstract]  
Schedule Of Amortized Cost And Approximate Fair Value Of Securities

September 30, 2023

(in thousands)

Amortized

Unrealized

Fair

Cost

Gains

Losses

Value

Available for Sale:

Debt securities:

U.S. treasuries and government agencies

$

160,603

$

-

$

(27,218)

$

133,385

States and political subdivisions

22,631

1

(1,613)

21,019

Total debt securities

183,234

1

(28,831)

154,404

Mortgage-backed securities:

FNMA

$

71,375

$

-

$

(15,211)

$

56,164

FHLMC

45,360

-

(7,943)

37,417

GNMA

39,082

-

(9,420)

29,662

SBA

20,992

-

(3,070)

17,922

CMO

51,129

-

(12,238)

38,891

Total mortgage-backed securities

$

227,938

$

-

$

(47,882)

$

180,056

Total securities designated as available for sale

$

411,172

$

1

$

(76,713)

$

334,460

Held to Maturity:

Debt securities

States and political subdivisions

$

2,170

$

-

$

(103)

$

2,067

Total securities designated as held to maturity

$

2,170

$

-

$

(103)

$

2,067

December 31, 2022

(in thousands)

Amortized

Unrealized

Fair

Cost

Gains

Losses

Value

Available for Sale:

Debt securities:

U.S. treasuries and government agencies

$

165,495

$

1

$

(24,814)

$

140,682

States and political subdivisions

23,480

4

(1,662)

21,822

Total debt securities

188,975

5

(26,476)

162,504

Mortgage-backed securities:

FNMA

$

75,921

$

-

$

(12,819)

$

63,102

FHLMC

46,922

-

(6,695)

40,227

GNMA

40,039

-

(6,580)

33,459

SBA

22,556

-

(2,419)

20,137

CMO

53,803

-

(8,906)

44,897

Total mortgage-backed securities

$

239,241

$

-

$

(37,419)

$

201,822

Total securities designated as available for sale

$

428,216

$

5

$

(63,895)

$

364,326

Held to Maturity:

Debt securities

States and political subdivisions

$

6,949

$

-

$

(140)

$

6,809

Total securities designated as held to maturity

$

6,949

$

-

$

(140)

$

6,809
Scheduled Maturities Of Debt And Mortgage-Backed Securities

September 30, 2023

Amortized

Estimated

cost

fair value

(in thousands)

Debt securities available for sale:

Due in one year or less

$

9,822

$

9,653

Due after one year through five years

91,731

83,450

Due after five years through ten years

57,684

45,852

Due after ten years

23,997

15,449

$

183,234

$

154,404

Mortgage-backed securities

available for sale

$

227,938

$

180,056

Total

$

411,172

$

334,460

Debt securities held to maturity:

Due in one year or less

$

1,476

$

1,473

Due after one year through five years

324

296

Due after five years through ten years

370

298

Due after ten years

-

-

Total

$

2,170

$

2,067
Unrealized Losses On Securities

September 30, 2023

Less than 12 months

12 months or longer

Total

Fair

Unrealized

Fair

Unrealized

Fair

Unrealized

Value

Losses

Value

Losses

Value

Losses

(in thousands)

Available for Sale:

Debt securities:

U.S. treasuries and government agencies

$

-

$

-

$

133,385

$

(27,218)

$

133,385

$

(27,218)

States and political subdivisions

1,922

(117)

18,141

(1,496)

20,063

(1,613)

Total debt securities

1,922

(117)

151,526

(28,714)

153,448

(28,831)

Mortgage-backed securities:

FNMA

$

55

$

(1)

$

56,109

$

(15,210)

$

56,164

$

(15,211)

FHLMC

24

-

37,393

(7,943)

37,417

(7,943)

GNMA

-

-

29,662

(9,420)

29,662

(9,420)

SBA

-

-

17,921

(3,070)

17,921

(3,070)

CMO

-

-

38,891

(12,238)

38,891

(12,238)

Total mortgage-backed securities

$

79

$

(1)

$

179,976

$

(47,881)

$

180,055

$

(47,882)

Held to Maturity:

Debt securities:

States and political subdivisions

$

-

$

-

$

2,067

$

(103)

$

2,067

$

(103)

Total temporarily impaired

securities

$

2,001

$

(118)

$

333,569

$

(76,698)

$

335,570

$

(76,816)

December 31, 2022

Less than 12 months

12 months or longer

Total

Fair

Unrealized

Fair

Unrealized

Fair

Unrealized

Value

Losses

Value

Losses

Value

Losses

(in thousands)

Available for Sale:

Debt securities:

U.S. treasuries and government agencies

$

68,292 

$

(5,929)

$

71,389 

$

(18,885)

$

139,681 

$

(24,814)

States and political subdivisions

19,540 

(1,645)

418 

(17)

19,958 

(1,662)

Total debt securities

87,832 

(7,574)

71,807 

(18,902)

159,639 

(26,476)

Mortgage-backed securities:

FNMA

$

23,242 

$

(3,081)

$

39,860 

$

(9,738)

$

63,102 

$

(12,819)

FHLMC

11,927 

(790)

28,300 

(5,905)

40,227 

(6,695)

GNMA

10,763 

(1,298)

22,696 

(5,282)

33,459 

(6,580)

SBA

16,996 

(1,971)

3,141 

(448)

20,137 

(2,419)

CMO

11,288 

(673)

33,609 

(8,233)

44,897 

(8,906)

Total mortgage-backed securities

$

74,216 

$

(7,813)

$

127,606 

$

(29,606)

$

201,822 

$

(37,419)

Held to Maturity:

Debt securities:

States and political subdivisions

$

6,627 

$

(118)

$

182 

$

(22)

$

6,809 

$

(140)

Total temporarily impaired

securities

$

168,675 

$

(15,505)

$

199,595 

$

(48,530)

$

368,270 

$

(64,035)