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Securities (Tables)
 12 Months Ended
Dec. 31, 2023
Securities [Abstract]  
Schedule Of Amortized Cost And Approximate Fair Value Of Securities

2023

(in thousands)

Amortized

Unrealized

Fair

Cost

Gains

Losses

Value

Available for Sale:

Debt securities:

U.S. treasuries and government agencies

$

114,152 

$

-

$

(17,912)

$

96,240 

States and political subdivisions

6,258 

2 

(231)

6,029 

Total debt securities

$

120,410 

$

2 

$

(18,143)

$

102,269 

Mortgage-backed securities:

FNMA

$

66,262 

$

2 

$

(11,294)

$

54,970 

FHLMC

36,743 

-

(5,569)

31,174 

GNMA

38,793 

-

(7,683)

31,110 

SBA

20,776 

-

(2,291)

18,485 

CMO

47,741 

-

(10,069)

37,672 

Total mortgage-backed securities

$

210,315 

$

2 

$

(36,906)

$

173,411 

Total securities designated as available for sale

$

330,725 

$

4 

$

(55,049)

$

275,680 

Held to Maturity:

Debt securities

States and political subdivisions

$

2,059 

$

1 

$

(72)

$

1,988 

Total securities designated as held to maturity

$

2,059 

$

1 

$

(72)

$

1,988 

2022

(in thousands)

Amortized

Unrealized

Fair

Cost

Gains

Losses

Value

Available for Sale:

Debt securities:

U.S. 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

December 31, 2023

Amortized

Estimated

cost

fair value

(in thousands)

Debt securities available for sale:

Due in one year or less

$

5,750

$

5,711

Due after one year through five years

42,031

38,663

Due after five years through ten years

48,633

40,830

Due after ten years

23,996

17,065

120,410

102,269

Mortgage-backed securities

available for sale

210,315

173,411

Total

$

330,725

$

275,680

Debt securities held to maturity:

Due in one year or less

$

1,394

$

1,394

Due after one year through five years

295

278

Due after five years through ten years

370

316

Due after ten years

-

-

Total

$

2,059

$

1,988
Unrealized Losses On Securities

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. government agencies

$

-

-

$

95,240 

(17,912)

$

95,240 

$

(17,912)

States and political subdivisions

878 

(2)

4,194 

(229)

5,072 

(231)

Total debt securities

$

878 

$

(2)

$

99,434 

$

(18,141)

$

100,312 

$

(18,143)

Mortgage-backed securities:

FNMA

$

-

-

$

54,831 

(11,294)

$

54,831 

$

(11,294)

FHLMC

-

-

31,174 

(5,569)

31,174 

(5,569)

GNMA

-

-

31,110 

(7,683)

31,110 

(7,683)

SBA

-

-

18,485 

(2,291)

18,485 

(2,291)

CMO

-

-

37,674

(10,069)

37,674

(10,069)

Total mortgage-backed securities

$

-

$

-

$

173,274

$

(36,906)

$

173,274

$

(36,906)

Held to Maturity:

Debt securities:

States and political subdivisions

$

444 

$

(1)

$

643 

$

(71)

$

1,087 

$

(72)

Total temporarily impaired

securities

$

1,322 

$

(3)

$

273,351

$

(55,118)

$

274,673

$

(55,121)

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. 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)